With year-over-year growth of 92%, nearly six million HDTV shipments, and over 18% of the market share in 2009, Vizio took the top slot of HDTV manufacturers in the US for last year.
Vizio, which ranked #3 on the list for 2008, also garnered nods as having the biggest year-over-year shipment increase in LCD HDTVs, as well as 40"+ TVs and 120/240 Hz TVs.
Vizio constantly ranked at the top of sales lists in 2009, time and time again. The company saw tremendous growth and was able to surpass the other big names like Sony and Samsung to take the top spot for the entire year.
"2009 was a remarkable year on many fronts, we became the #1 shipper of LCD HDTV's in the US and as an American Company we are proud U.S. consumers are choosing VIZIO over our foreign competitors," said Vizio Co-Founder and marketing VP Laynie Newsome.
Vizio is known for its extended reach throughout retail stores, expanding beyond the typical big-box names, and for its relatively inexpensive prices. The company also dabbles in Blu-ray Disc players, home theater accessories, and Internet routers.
The top four LCD HDTV manufacturers, by shipments, are located below (market share is in parentheses), according to research firm iSuppli:
1) Vizio - 5.92 million units (18.7%)
2) Samsung - 5.608 million units (17.7%)
3) Sony - 3.681 million units (11.6%)
4) LG - 2.396 million units (7.6%)
Mark Raby Based in New York City, Mark follows the consumer electronics industry like a hawk. A published book author, he has a particular affinity for 3D technology and video games, and as such will surely be in the market for a new pair of glasses soon. Mark can be contacted directly at firstname.lastname@example.org.
The “geek mind” is concerned with more than just the latest iPhone rumors, or which company will win the gaming console wars. I4U is concerned with more than just the latest photo shoot or other celebrity gossip.
The “geek mind” is concerned with life, in all its different forms and facets. The geek mind wants to know about societal and financial issues, both abroad and at home. If a Fortune 500 decides to raise their minimum wage, or any high priority news, the geek mind wants to know. The geek mind wants to know the top teams in the National Football League, or who’s likely to win the NBA Finals this coming year. The geek mind wants to know who the hottest new models are, or whether the newest blockbuster movie is worth seeing. The geek mind wants to know. The geek mind wants—needs—knowledge.