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VIZIO, Inc. Company Profile
VIZIO has done for HDTVs what Dell did for PCs and Southwest Airlines did for air travel: sell them for less. The company sells low-cost flat panel and plasma LCD HDTVs. It competes head-to-head with Japan's Sonyand Samsung; its products, however, are made in China and Taiwan. VIZIO has logged large annual revenue gains by selling quality televisions for hundreds, if not thousands, of dollars less than its competitors. The company was founded by CEO William Wang in 2002 and, initially, its TVs were only sold at membership retailers such as Costco Wholesale, BJ's Wholesale Club, and Sam's Club. Since then it has extended its reach to discount retailers Wal-Mart and Sears. VIZIO entered the PC arena in 2012.
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