Inc 500: VIZIO Tops the Inc 500 List


September 15, 2007

 

No. 19 Vizio

Irvine, CA

Year:  2007
Industry:  Computers & Electronics
Founded 2002
Growth  3,807.3%
2003 Revenue:  $17.3 million
2006 Revenue:  $676.6 million
Employees:  70
Website: www.vizio.com

    * Ranked No. 1 in the Top Companies in Computers & Electronics
    * Ranked No. 2 in the Top Companies in Los Angeles-Long Beach-Santa Ana, CA
    * Ranked No. 4 in the Top 100 Companies Intending to Go Public
    * Ranked No. 16 in the Top 100 Companies By Dollars of Growth
    * Ranked No. 40 in the Top 100 Companies By Revenue

What it does: Manufactures and sells flat-screen, high-definition televisions.

Why it's growing: We're all upgrading to hi-def. The Consumer Electronics Association projects 15.7 million HDTVs will be sold in 2007, up from 2.1 million in 2002. By manufacturing overseas, Vizio is able to offer high-quality TVs at low prices. This fall, the company will begin selling a 52-inch full HD LCD television for less than $2,000.