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Cobra Electronics Corporation history
Cobra Electronics Corporation company history timeline
Dynascan initially manufactured its own CB radios but switched to importing lower-priced models manufactured by two Japanese companies, Toshiba and Uniden, in 1971, around the time CBs became more popular with a wider public.
Dynascan aggressively sought market share for its Cobra telephones and earned $17 million in 1983 on sales of $173 million.
Once again caught with a large inventory, Dynascan lost $31 million in 1984.
Around 1985, the firm was spending about 1.5 percent of sales on R&D, or $2.18 million per year.
In October 1986, it introduced a line a line of high-frequency radio scanners that enabled users to listen to radio bands used by the police.
By the end of 1986, Dynascan had experienced seven consecutive quarters of stronger profits.
Dynascan introduced a new Marantz line in 1989 aimed at the high end of the market.
Finally, in October 1990, Dynascan announced it was selling Marantz to Dutch electronics conglomerate Philips N.V. for $8 million.
Revenue shrunk, and the firm lost money four years in a row, losing $5.7 million in 1992 on sales of $117.7 million, for example.
In 1994 the struggling company hired Stephen M. Yanklowitz as chief operating officer in hopes of turning itself around.
In 1994, Charles Stott, who had a background in product development, became the firm's new vice-president of operations.
The firm was profitable the first two quarters of 1994, but, largely because of problems with product availability, it lost money the following two quarters and had a loss of $1.5 million for 1994.
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Cobra Electronics Corporation competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Avrio Corporation | 2004 | $1.5M | 50 | - |
| Polaroid | 1937 | $1.5M | 3 | - |
| Military Systems Group | 1984 | $8.0M | 20 | - |
| Imation | 1996 | $1.5B | 1,210 | - |
| Iomega | 1980 | $2.7M | 450 | - |
| PatientSafe Solutions | 2002 | $10.0M | 100 | 2 |
| Force10 Networks | 1999 | $250.0M | 750 | - |
| Planar Systems | 1983 | $1.8B | 456 | 16 |
| Confluent | 2014 | $963.6M | 9 | 1,590 |
| Pivot3 | 2002 | $80.0M | 143 | - |
Cobra Electronics Corporation history FAQs
Zippia gives an in-depth look into the details of Cobra Electronics Corporation, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Cobra Electronics Corporation. The employee data is based on information from people who have self-reported their past or current employments at Cobra Electronics Corporation. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Cobra Electronics Corporation. The data presented on this page does not represent the view of Cobra Electronics Corporation and its employees or that of Zippia.
Cobra Electronics Corporation may also be known as or be related to COBRA ELECTRONICS CORP, Cobra Electronics and Cobra Electronics Corporation.