VIZIO history, profile and corporate video
Founded in Oct. 2002 as V, Inc. in Fountain Valley, CA by William Wang and Co-founders Laynie Newsome and Ken Lowe. VIZIO is ranked #1 for U.S. LCD HDTV shipments. VIZIO plasma and LCD products are available at retailers such as BJ’s Wholesale, Costco Wholesale, Sam’s Club and Wal-Mart Stores, and they are sold for a significant discount compared to better-known brands. Founder and CEO William Wang owns the majority stake in the company.”
The company started in 2002 as GreenDane by William Wang, Laynie Newsome, and Ken Lowe with $600,000 and three employees. In 2006 the revenue was estimated around $700 million, and in 2007 it was estimated to have exceeded $2 billion. Vizio is known for aggressively pricing their HDTVs against major competitors.
On October 19, 2010, GreenDane signed a 4-year contract to sponsor college football’s annual Rose Bowl game in Pasadena, California, beginning with the 2011 Rose Bowlpresented by Vizio and ending with the 2014 Vizio BCS National Championship Game.
As of 2012, Vizio has over 400 employees. About half work at its headquarters in Irvine, California, in engineering, design, sales, and operations, while the other half are employed at a call center in Dakota Dunes, South Dakota and Magna, Utah.
Vizio’s major partner in the consumer electronics arena 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. Vizio also manufactures its products in Mexico and China under agreements with ODM assemblers in those countries.”
*Information from Forbes.com and Wikipedia.org
**Video published on YouTube by “VIZIO USA“