Company: FOXX
Filing Date: 2025-10-15
Form Type: 10-K
Source: 0001213900-25-098953
Chunk: 10

Company: Foxx Development Holdings Inc.
Filing Date: 2025-10-15
Form: 10-K
Item: Item 1
Chunk 10
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eline and Affordable Connectivity Program
(ACP), we played a vital role in efforts to ensure essential communication services are economically accessible. Even though we continue
to serve as a key supplier for the Lifeline Program, we have diversified our product offerings to target customers who are interested
in other mobile devices, tablets, and IoT products. In addition, we launched our products through TikTok Shop in March 2024 and various
online E-Commerce platforms such as BestBuy.com, Walmart.com, Amazon, Shein, Newegg and Mercado Libre in 2025. We have been actively expanding
our presence in the digital marketplace and expect to increase our sales through a variety of leading E-Commerce channels. We believe
this approach not only broadens our reach but also caters to the preferences of digital consumers, offering them convenient access to
our telecommunications solutions. By integrating into various sales channels, both indirect and digital, we are committed to providing
high-quality products to a wide audience, driving our growth, and enhancing our position in the competitive electronics market.

7

Internal
Support

In
order to maximize product accessibility across the United States, we have a team of dedicated internal sales staff and key sales agents
who manage a network of hundreds of customers spread across seven major regions. In addition to managing direct partnerships with these
customers, our internal sales team also collaborates with prominent telecommunications carriers, enabling our products to be available
for sale online and in the physical retail stores of these carriers.

Competitive
Advantages

We
stand out in the competitive communications market by leveraging its foundational advantages and core operational strategies, which encompass
a range of competitive strengths crucial for maintaining and enhancing Foxx’s market position:

Geographical
Location and Market Presence

We have established a comprehensive
network anchored by our key operational facilities across various strategic locations. We are headquartered in Irvine, CA, where we have
established a center that integrates sales, retail and distribution, and after-sale support services, and research and development
of customization capabilities. The Irvine office serves as the epicenter for our research and development and sales and marketing activities,
highlighting our commitment to innovation and market expansion. The Dallas, TX, and Atlanta, GA offices play instrumental roles in executing
our sales and marketing initiatives and providing essential operational support. In addition, our Singapore office serves as the epicenter
for both our supply chain management and our research and development efforts in Southeast Asia. This strategic distribution of roles
and responsibilities across our office locations allows