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VTech® and LeapFrog® Top Holiday Toy Lists with Nearly 60 Industry AwardsCHICAGO, December 22, 2021 /PRNewswire/ Today VTech® and LeapFrog® announced their holiday lineups have received nearly 60 industry awards from trusted parenting websites, toy industry experts, toy advisory boards and major retailers. Products received awards in multiple categories and programs, with VTech’s KidiZoom® PrintCam™ earning 10 awards and VTech’s Marble Rush™ Ultimate Set™ named another favorite following receipt of the esteemed STEAM Toy Accreditation Seal of Approval. ...Read More
VTech® Announces Availability of KidiBuzz™ 3, Latest Innovation in Its Popular KidiTech LineCHICAGO, December 10, 2021 /PRNewswire/ Today VTech® announced the availability of KidiBuzz™ 3, a kid-friendly Wi-Fi smart device that allows children the ability to play games, capture images, listen to music and so much more. The latest addition to VTech’s KidiTech lineup now offers the ability to stay connected with parents and other approved contacts through the new free KidiCom Chat™ app with video messaging and 3D screen effects....Read More
VTech® Adds Engaging New Products to Baby, Infant, Toddler and Preschool LinesCHICAGO, November 17, 2021 /PRNewswire/ Today VTech® announced the availability of delightful new additions to its popular baby, infant, toddler and preschool lines. The engaging new products encourage play through discovery, offering enriching experiences for children of all ages....Read More
Six VTech® and LeapFrog® Toys Selected as Esteemed Toy of the Year Award FinalistsCHICAGO, November 8, 2021 /PRNewswire/ Today VTech® and LeapFrog® announced six products are finalists for the 2022 Toy of the Year (TOTY) Awards from The Toy Association. VTech’s Sort & Recycle Ride-On Truck™ and LeapFrog’s Choppin’ Fun Learning Pot™ are both finalists for Infant/Toddler Toy of the Year. Additionally, the VTech KidiZoom® PrintCam™ and LeapFrog LeapLand Adventures™ have both been nominated for Preschool Toy of the Year. In the Vehicle of the Year category, VTech’s Switch & Go® Velociraptor Jet is a finalist, and in the STEAM Toy of the Year category, its Marble Rush™ Ultimate Set™ is a finalist. In addition, the Marble Rush playset has just received the Toy Association’s STEAM Toy Accreditation seal of approval, meeting experts’ criteria for a good STEAM toy....Read More
VTech Announces 2021/2022 Interim ResultsHong Kong, 15 November 2021 – VTech Holdings Limited (HKSE: 303) today announced its results for the six months ended 30 September 2021, showing declines in revenue and profit as a result of global material shortages, supply chain disruptions and rising costs. “The first half of the financial year 2022 was challenging for VTech. Critical component shortages, supply chain issues and disruption of production in Malaysia due to coronavirus (COVID-19) negatively impacted the Group’s manufacturing and order fulfilment, preventing VTech from meeting the strong demand for its products. This led to slightly lower revenue for the first six months. Meanwhile, soaring material prices and freight costs significantly affected the Group’s gross profit margin, resulting in a substantial decline in profit attributable to shareholders of the Company,” said Mr. Allan Wong, Chairman and Group CEO of VTech Holdings Limited. ...Read More