This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Audiovox Enters In-Vehicle Wireless Charging Market

LAS VEGAS, Jan. 7, 2013 /PRNewswire/ --  LVCC, CENTERHALL, BOOTH 10415 -– Audiovox Electronics Corporation (AEC), a wholly-owned subsidiary of VOXX International Corp.  (NASDAQ: VOXX), announced today that it has entered a new product category as it introduces its first automotive wireless charging cradle with embedded Qi (pronounced Chi) technology. This new automotive wireless charging cradle uses the Qi Multi Litz Coil Array, which delivers more freedom of positioning a Qi equipped smartphone in the cradle to maximize charge to the device and retain typical "wired charging" rates.

"Automotive wireless charging products builds upon our business plan and is a logical extension of the high-performance connectivity products we are already producing for in car use," said Tom Malone, President of Audiovox Electronics Corp.  "Qi technology is rapidly growing in adoption by the phone makers and we believe this category will drive growth in our automotive solutions over the next 5-6 years."

The automotive wireless charging Qi Cradle features a stylish and ruggedized design that comes in four (4) colors to allow for in-vehicle personalization. The universal design features quick release locking arms that will hold most smartphones. The Qi Cradle is designed with optimized heat dissipation, capacitive sensing to activate charging and an LED indicator which highlights charging status. The cradle includes a slim design, automotive 12-volt adapter (CLA).  There are two mounting options; a suction cup mount and a cup holder mount to accommodate the consumers' preference and address some state regulations regarding mounting locations.  The target MSRP for the Qi Cradle is under $70 plus the selected mounting system, and will be available in the summer of 2013.  

Malone concluded, "Our entre into this new category is a poignant example of our commitment to supporting the changing landscape of mobile electronics with advanced technology products that consumers want and need in their mobile lifestyle."

1 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,563.30 -317.06 -1.88%
S&P 500 1,930.67 -39.40 -2.00%
NASDAQ 4,369.7730 -93.1290 -2.09%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs