Audiovox exits the LCD TV business that no one knew it was in

by Darren Murph posted Oct 17th 2008 at 12:29PM

Okay, so we're kidding. Sort of. Believe it or not, Audiovox actually was a very minor player in the LCD flat-panel industry, but no more. In an effort to counter "what is shaping up to be the worst economy in decades," CEO Patrick Lavelle decided to pull the plug on the LCD business and show 8% of his employees the way out for the final time. It's all good for the company though, because every worked-to-the-bone parent in America will be snapping up one of its Homebase Digital Message Centers.

Filed under: Industry, Displays, Others

Tags: Audiovox, business, exit, fail, flat-panel, job, job cuts, JobCuts, jobs, lcd, lcd tv, LcdTv, rip

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Reader Comments (Page 1 of 1)

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squiggleslash @ Oct 17th 2008 1:11PM

Perhaps they can prop-up their failing consumer electronics business by making Blu-ray Disc players?

More seriously this is sad. I have actually seen Audiovox TVs in various places but they were neither the cheapest of the cheap nor the highest quality of the quality units. But each player that exits the game reduces the number of players helping to lower the cost of HDTVs.

Neutral

Beau @ Oct 17th 2008 1:16PM

Don't they own the RCA brand though? If so they're kinda still selling tvs

Neutral

phatkrome @ Oct 17th 2008 6:37PM

Audiovox LCDs were big in the aftermarket car accessories. I have a screen in my Suburban that was part of a dealer install. I've been happy with it, so it's too bad they are out. I thought they were doing well in this market. Does the LCD pullout include this as well?

Neutral

Garst @ Oct 17th 2008 6:59PM

Audiovox LCDs, weren't they available in Target? Were they available anywhere else? If you want to sucede, don't you need to make your product widely available?

Neutral

iLuvUrOpinion @ Oct 17th 2008 8:50PM

they make under-the-counter kitchen lcd TVs. i have one, and believe me, they're horrible. there a very few under-the-counter LCDs to choose from, most from unknown brands like audiovox. i think it's best for the consumers that we have one less horrible brand. trust me.

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