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Vizio Jumps Sony For #2 In US Flat-Panel Sales

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News Posted: Sun, Feb 22 2009 11:16 AM
Vizio showed up in style at CES 2009, and we're not just talking about the HDTVs it brought along. The company's balance sheet is looking about as healthy as any outfit's could possibly look these days, with it using momentum from the third quarter of last year to propel it right past Sony in Q4. No need to check your set -- we really just said that Vizio passed Sony for the number two spot in US flat-panel TV sales.

According to its Q4 numbers -- which were absolutely amazing, by the way -- the low-cost HDTV leader in the United States was able to overtake a TV mainstay in Sony during a quarter which saw the latter company struggle like it had never struggled before. Of note, Samsung is still clinging to the number one spot, but there's no doubt that it's paying close attention to Vizio's every move at this point. Vizio's sets are made by Taiwan's Amtran Technology, and they managed to make up 14.3 percent of all flat-panel TV shipments in the all important October to December time frame as consumers began craving lower cost goods during a deepening financial crisis.

iSuppli analyst Riddhi Patel noted that the company's success in the fourth quarter "was partly due to increasing brand recognition, courtesy of the company's strong marketing efforts and retail strategy," and while he never elaborated on what the "other part" was, it sure helped Vizio to move 1.2 million en route to its largest per quarter shipping quantity in the outfit's history. Just to put things in perspective, Vizio demonstrated 53 percent quarter-over-quarter flat-panel TV growth in Q4 2008, which is by far the strongest among the top ten brands for all of North America.

Not surprisingly, it's anticipated that Vizio will continue to grow in the coming months, despite the fact that consumers are apt to spend a bit less overall than in years past. Granted, it's low-cost approach is what will drive it in times where cash is tight, but don't be surprised if Vizio uses this spotlight to improve quality and really step up to take on the giants when they're weak.


 
 
 
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Oblio211 replied on Mon, Feb 23 2009 10:27 AM

Not Shocking...with the economy the way it is.

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tanka12345 replied on Tue, Feb 24 2009 1:11 AM

Never heard of Vizio, but they aren't in NZ I don't think. Good to see some new competitors challenge the old mainstays.

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bob_on_the_cob replied on Tue, Feb 24 2009 4:22 AM

tanka12345:

Never heard of Vizio, but they aren't in NZ I don't think. Good to see some new competitors challenge the old mainstays.

Meh they produce about the lowest quality panels you can buy. Also the cheapest, which is why they are #2 I'm sure, but you get what you pay for.

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ice91785 replied on Fri, Mar 13 2009 11:19 PM

They are like a "flagship" TV of wal*mart is this helps as to why they sell so many....

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Redline replied on Mon, Mar 16 2009 12:41 AM

I understand Vizio leads in the category of "product returns" as well.  Last week I was at Costco and while waiting in line to return some clothes, I saw 2 different families bring back their Vizios to exchange them. Yesterday I was in Walmart and noticed another Vizio behind the return counter as I walked in. Spend a little more and get a good 120Hz set from Samsung, Sony, Sharp, or even LG. In the case of Vizio, you get what you pay for.

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Der Meister replied on Mon, Mar 16 2009 1:01 AM

I never liked them something about 1080p with 2000:1 contrast ratio.... no thank you, I'll stay with my panasonic

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