hhgregg was the only known retailer honoring warranties for Coby products purchased from their stores, but the retailer has since gone out of business. Gordon Brothers have stated that they did not assume any of Coby's liabilities, including customer warranties, and they will attempt to revive the company as a consumer electronics firm. Closure ĭue to severe financial problems following a contract dispute with Philips, on August 16, 2013, Coby Electronics Corporation went out of business, with Gordon Brothers Group acquiring inventory, fixtures, equipment, intellectual property, global trademarks and patents. In April 2013, Coby Electronics laid off 35% of their work staff and closed a warehouse in Savannah, GA, citing slow economic times. In March 2013, Coby Electronics lost a case in New York State by Koninklijke Philips Electronics, N.V for failure to pay DVD licensing fees. It was designed to accommodate up to 5,000 employees.

Its main factory was on 400 acres (1.6 km 2) in Jiangxi Province in China. With the establishment of a new factory and new manufacturing processes in early 2006, the company very publicly sought to re-brand itself as a maker of higher-quality goods they tended, however, to be in the low-price range.

The former headquarters remained as a company warehouse. In 2008, it moved the world headquarters to Lake Success, New York. The company's original headquarters was in an industrial area of Maspeth, Queens. Lee originally owned an electronics wholesaler called Cowboy. The logo was written in Bookman Old Style Bold, which resembles the serif font used in the Sony logo. Its name came from deleting the 'w' and second 'o' in Cowboy. Coby was founded in 1990 by Young Dong Lee (born 1955 in South Korea), who owned 100 percent of its capital stock.

Coby usa official site