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VIZIO, Inc. was founded in 2002 by William Wang with the idea that everyone deserves to own the latest technology. Mr. Wang's first two employees, Laynie Newsome and Ken Lowe, were honored as co-founders and eight years later are still hard at work taking entertainment freedom by storm! By providing a myriad of high definition entertainment options and unmatchable value, VIZIO has grown to over 160 employees and remains the first American brand in over a decade to lead in U.S. LCD HDTV sales.
VIZIO’s uncompromised technology and incredible value has continued to make us America’s Best Selling LED LCD HDTV and the industry leader in sales growth through the 2nd quarter of 2010,* as well as the Highest Rated LCD HDTV of 2010.** VIZIO’s lineup can provide an even greater value with our efficient LED backlit TVs that exceed current ENERGY STAR® 4.1 Guidelines by at least 15%***. So whether you are looking for entertainment essentials with our E Series, sleek design with the M Series, or ultimate performance with the XVT Series, VIZIO has the perfect solution to exceed all of your entertainment needs. Combined with 3D, VIZIO Internet Apps™, Wireless HD Audio, full array TruLED™ and edge lit Razor LED™ displays, we truly give you the freedom to fearlessly expand your entertainment world.
VIZIO Timeline:
2002
* Founded in October of 2002 under the name V, Inc.
* With a total of 3 employees, they provided consulting services to Gateway, Inc.
2003
* Launched the VIZIO brand
* Launched Plasma monitor and DVD up-convert line at CES
* VIZIO signed on with Costco Wholesale to sell VIZIO products
* Total of 5 employees
2004
* VIZIO expanded their product offerings to include LCDs, Plasmas, DVD and DLP
* Total of 25 employees
2005
* VIZIO’s 50” Plasma was ranked CNETs Top Holiday Tech gift
* VIZIO signed on with Sam’s Club to sell VIZIO products
* Grew to 41 employees
2006
* VIZIO’s 32”LCD and 42” Plasma HDTVs are ranked Best of CES
* Expanded distribution to Circuit City, Sears, BJs and Kmart
* VIZIO launched its first TV advertising campaign
* Total of 62 employees
* Shipped a total of 750,000 HDTVs
2007
* VIZIO 60” Plasma HDTV ranked BEST of CES
* Q2 VIZIO achieved the rank of being the #1 shipper of HDTVs in North America
* Throughout the year, VIZIO continued to remain among the Top 3 HDTV manufacturers in North America
* Recognized by INC Magazine (INC 500) as one of the fastest growing privately held companies
* VIZIO signed on with Walmart
* Grew to 85 employees
* Shipped a total of 2,900,000 HDTVs
2008
* Launches 30 HDTV models, several of which include 120Hz, and adds a 50” Plasma with HQV Technology to the mix
* VIZIO expands its portfolio of products to include HDTV accessories (HDMI) and LCD computer monitors
* Launches the High Performance XVT Series (Extreme VIZIO Technology)
* Maintain its position as being one of the Top 3 shippers of HDTVs in N. America
* Recognized as the #1 Fastest Growing CE Company by Inc. Magazine
* VIZIO becomes the official sponsor of NBC’s broadcast of the Olympic Games
* Receives Wal-Mart Supplier of the Year Award
* Expanded distribution in to Canada
* Total of 100 employees
* Shipped a total of 3,500,000 HDTVs
* Total revenue exceeds 2 Billion Dollars
2009
* VIZIO continues to add new innovative products to their portfolio such as Blu-ray® players, Home Theater Sound Bars with Wireless Sub, Motorized Wall Mounts and more.
* VIZIO launches 40 new HDTV models with sizes ranging from 19” to 55” and including the top technologies such as VIZIO Internet Apps their version of the internet connected TV, 240Hz LCD models and the latest TruLED technology which delivers the ultimate HD experience with less impact on our planet.
* #1 Shipper of LCD HDTVs in N. America Q1
* #1 Shipper of LCD HDTVs in United States Q2
* VIZIO is the official Sponsor of Super Bowl XLIII
* VIZIO HDTVs can be found on more store shelves than SONY in July 2009
* Over 160 employees
2010
*As CEA member, VIZIO¹s first CES booth promoted their VIZIO Internet Apps™ connected HDTVs and key platform partners Yahoo!, Twitter, vudu, & Facebook
*2010 CES announcements included eleven categories in addition to TVs including High Definition Blu-ray DVD Players™, wireless HD Internet routers and VIZIO Internet Apps™ enabled entertainment systems, HD home theater sound, HD Personal Home Theater headphones, and portable razor thin LED LCD HDTVs.
*With 50 TVs including XVT, M and E lines of TVs, VIZIO offers models for every room in the house and every type of buyer. 35 of these 50 new TVs utilize LED backlighting.
*Signs 3-year endorsement deal with music and film star Beyonce´ Knowles-Carter days before she wins a record setting 6 Grammy Awards
*”Forge” Super Bowl Spot featuring Beyonce´ and integrated communications yield nearly 1 billion impressions
* Tier one Donor to Greensburg GreenTown charity to help rebuild the Kansas town after a devastating tornado
*Supports Hoag Hospital Irvine Grand Opening with LCD HDTVs throughout the hospital
*VIZIO Operation Freedom gathers over $13,500 with 2,750 pounds of essential goods for U. S. Troops overseas
*Wins Inc. 500/5000 award for 4th consecutive year
*Deloitte Fast 500 award winner
*OCBJ Best Private Companies award winner
*OC Metro "10 Most Trusted Brands"
*Home Theater Magazine Top Picks Award
*Moves VIZIO tech support and direct sales expands to new offices in Dakota Dunes, SD
*Wins ThePerfectVision Recommended 2010 - XVT473SV
*XVT553SV named Editors' Choice by CNET and was Highly Recommended by HDTVSolutions.com
*196 employees total (includes 76 South Dakota and 3 international)
Beyond 2010 and well into the future:
VIZIO has made great strides in providing Entertainment Freedom For All™ and will continue to build this principle through 2011. With the explosion of 3D TV, we currently have many exciting new developments to reveal at the Consumer Electronics Show and throughout the upcoming year. While staying true to our roots in vision and value, VIZIO is excited to continue and grow our brand within the U.S. and beyond. VIZIO: Taking entertainment freedom by storm!
* Based on iSuppli US LCD-TV Unit Shipments Market Share Q2, 2010
**HDTV Magazine and CNET Reviews
***While TV is on
VISION
VIZIO’s® vision is to be the industry leader in consumer electronics by consistently delivering the latest technologies at the most affordable price.
MISSION
Where vision meets value™
Visionary Products – VIZIO® understands the consumer electronics market and designs products customers desire.
Visionary Technologies – VIZIO® selects the right technologies, brings the best to market, and delivers them at a price everyone can afford.
Visionary Business Model – VIZIO® lowers cost and increase efficiency by creating and orchestrating mutually desirable global partnerships.
CORE VALUES
Believe in the Vision. VIZIO® was founded on Faith, a belief that it can become the leader in consumer electronics. The VIZIO® team embodies the Vision and the Passion necessary to consistently deliver the latest technology at the most affordable prices.
Create Value for our Customers. Success is dependent on VIZIO’s® ability to do things faster and more efficiently with fewer people than the competition. VIZIO’s® team achieves Success by giving All they have each and every day!
Show Respect toward our Partners. VIZIO® achieves its goals by creating synergistic partnerships with its suppliers and customers. VIZIO® Honors and Respects its partnerships daily and continually seeks new ways to Collaborate.
Lead through Teamwork. Being the industry leader requires both individual leadership and collaborative teamwork. VIZIO® team members lead by example and work together as a Team to achieve the company’s goals.