Company type | Private |
---|---|
Industry | Consumer electronics |
Founded | 1990 |
Defunct | 2013 |
Fate | Acquired by Gordon Brothers Group |
Headquarters | Lake Success, New York |
Key people | Young Dong Lee, Legal Representative/CEO |
Products | Home and portable A/V consumer electronics |
Revenue | US$300 million |
Number of employees | 2,000 |
Website | www |
Coby Electronics Corporation is an American manufacturer of consumer electronics products headquartered in Lake Success, New York, with offices and factories around the world (including the United States, Mexico, and China). With the joint efforts of Coby Electronics Co. of Hong Kong and Coby Electronics Corp. of the United States, the products reached consumers in Asia, North America, South America and Europe;[1] however, the company mostly sold in Europe and the United States. Coby also served as an OEM manufacturer for brands including Samsung, NEC, RadioShack's Presidian brand and Hyundai. Its products are still available today.
Coby closed in June 2013 due to financial trouble. Gordon Brothers Group acquired all assets of Coby Electronics, in August 2013, resuming sales. Gordon Brothers Group purchase did not include liabilities such as customer warranties.[2][3]