Cobra Electronics Corp. designs and manufactures mobile communication products. The company operates through two business segments: Cobra Consumer Electronics (Cobra) segment and Performance Products Ltd. (PPL) segment. The Cobra segment is comprised of Cobra Electronics Corp., Cobra Hong Kong Ltd. and Cobra Electronics Europe Ltd. The PPL segment is a wholly-owned subsidiary based in the UK, designs and markets mobile navigation, photo-enforcement and detection products under the Snooper brand in the UK. Cobra Electronics was founded by Carl Korn in 1961 and is headquartered in Chicago, IL.