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Vizio Gains HDTV Market Share

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Today Vizio reported that it’s LCD market share grew from 7.5% to 8.4% in Q3.

From the press release:

“VIZIO has already shown incredible success in offering a value priced model and according to Quixel’s quarterly reports, regularly ranks among the top three brands in the USA for Flat Panel TVs,” stated Tamaryn Pratt of Quixel Research. “Their recent announcement to grow into higher performance products with mid-sized Full HD LCD products while maintaining their value pricing should reward the brand with additional market share while remaining in step with today’s economy.”
“VIZIO has maintained its position amongst top 5 vendors in the North America TV market,” said Riddhi Patel, Principal Analyst at iSuppli. “Existing recession, continued price pressures and slowdown in consumer spending made it a very challenging environment for TV brands to maintain sales momentum. VIZIO has not only managed to retain its spot in leadership rankings but actually managed to be a market leader in 37-inch and 47-inch size segments.”
 


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