Monoprice
| Industry | Consumer Electronics |
|---|---|
| Founded | 2002 |
| Headquarters | Rancho Cucamonga, California, United States |
| Products | Cables, Adapters, HDMI Cable, Professional Audio, Computer Accessories, Home Theater |
|
Number of employees
|
150 |
| Parent | YFC-Boneagle Electric Co., Ltd. |
| Website | www.monoprice.com |
Monoprice is an American online retailer that sells generic branded consumer electronics under its namesake private label. The company is based in Rancho Cucamonga, California.
Monoprice initially was known for its inexpensive HDMI cables. The office and shipping operations are run out of a 173,000 square-foot warehouse. Monoprice has grown to a $120 Million a year business.
Monoprice was founded in 2002 by both Jong Lee and Seok Hong.
On February 5, 2013, Monoprice released new products at the Consumer Electronics Show in Las Vegas, including an IPS panel monitor and a small portable video camera called the MHD Action Camera.
In March 2013, Monoprice was sued by Klipsch, an American loudspeaker company, for patent infringement for the latter's Energy Take Classic 5.1 system. Monoprice had to withdraw its 5.1 Hi-Fi Home Theater Satellite Speakers & Subwoofer system.
In July 7, 2013, Monoprice started selling its own brand of proprietary guitars.
On August 22, 2013, Blucora acquired Monoprice for $180 million in an all-cash deal.
In August 27, 2013, Monoprice joins the Electronic Entertainment Expo (E3), with PC gaming products including gaming mice, mechanical keyboards, PC speakers, and 7.1 surround sound headsets.
January 23, 2014, Monoprice returns to the NAMM show with new professional audio products, including guitars, bass guitars, DJ products, speakers, and stage lighting products.
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