9. Vizio
Vizio is an American company headquartered in California and was founded in 2002.
Image: company website
Vizio is known for aggressively marketing televisions on price and beating competition. It sells mainly television sets and within five years of its launch, it was able to sell approx 6 lacs TVs in America in 2007, as a result became the largest seller of LCD TV.
It got overwhelmed by such positive response and expanded to sell internationally. Now it sells almost all kinds of contemporary televisions. Vizio aims to deliver high performance smarter products at cheap price. Recently, it launched premium quality Quantum 4k HDR smart TV which it boasts to give immersive natural viewing experience along with unparalleled smart home functionalities. The company has got a strong distribution network, which enables the TVs to be available for sale at different geographies. Moreover, with the growing impact of ecommerce brands and online shopping, the availability of Vizio TVs through various channels gives the business a huge boost.
Parameters (S in $billion)
Market Share: 2.5
Revenue: 3.5
Market Cap: 3.3
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