In electronics department of the store, you will normally find the dim bids of TV like Sony, Sharp, Samsung and Philips, but the New federation is on the rise and worked its way into this kind of market. Vizio TVs offer short(p) HD Pictures, many a(prenominal) options and quality that consumers look for when buying TVs. Vizio was created in the States and is the pass on LCD TV on the market. Vizio is a privately owned producer of consumer electronics, based in Irvine, California, USA. It was founded in October 2002 as V Inc. Vizios major partner in the consumer electronics empyrean is AmTran Technology, a Taiwan-based OEM/ODM that manufactures more than half of the televisions sold by Vizio and owns a 23% stake in the company( Netra, shetty). Vizio has entirely been only some for little bit and they are beating the top name brands by producing their product at lower scathe and merchandising it at less than the prices of competitors. The company started in 200 2 by William Wang, Laynie Newsome and consciousness Lowe with $600,000 and three employees. In 2006 the revenue was estimated around $700 million, and in 2007 it was estimated to fuck off exceeded $2 billion. Vizio is known for aggressively pricing their HDTVs against major competitors (Wikipedia). Vizio grew in reality fast in a short standard of time. It took otherwise companies immenseer to be able to do what Vizio did. Vizio before long primarily produces television sets. Vizio became the largest LCD TV seller (by volume) in North America for the second quarter of 2007, with 606,402 TVs sold, a 76% jump from the previous quarter. Its market share increased from 9.4% to 14.5%. In September 2008, Vizio started selling LCD TVs to Costco in Japan. In February 2009, Vizio annunciate they would stop production of plasma televisions and would focus on the light-emitting crystal rectifier displays instead. At the CES 2009, Vizio introduced a 240 Hz LED-backlit VF551XVT 5 5 LCD TV (Wikipedia). Vizio TV s comes wit! h several benefits. The televisions are Energy bingle rated which they are using...If you want to get a full essay, auberge it on our website: OrderCustomPaper.com
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