Dateline: 02/21/2009
The latest sales numbers indicate that upstart TV manufacturer Vizio has now secured the number two spot in flat panel TV sales in the U.S. Who holds the number one spot? Answer: Samsung. However, Sony, who previously occupied the number two spot before being pushed aside by Vizio, has dropped to the number three spot, with Panasonic still holding the number fourth spot, but gaining on Sony.
For a look at the actual market share numbers and other details on this story, check out the report from Reuters.
My Perspective: This is not surprising. One factor in Vizio's success is that it does offer a decent product at a very reasonable price, which is especially attractive during the current economic slowdown. Also contributing to Vizio's rise is Sony's current downturn. However, it is unlikely that Samsung will relinquish its top spot spot any time soon as its product offerings are just too numerous and its retail presence to dominant in both the LCD and Plasma categories for other manufacturers to match in the short term.
The latest sales numbers indicate that upstart TV manufacturer Vizio has now secured the number two spot in flat panel TV sales in the U.S. Who holds the number one spot? Answer: Samsung. However, Sony, who previously occupied the number two spot before being pushed aside by Vizio, has dropped to the number three spot, with Panasonic still holding the number fourth spot, but gaining on Sony.
For a look at the actual market share numbers and other details on this story, check out the report from Reuters.
My Perspective: This is not surprising. One factor in Vizio's success is that it does offer a decent product at a very reasonable price, which is especially attractive during the current economic slowdown. Also contributing to Vizio's rise is Sony's current downturn. However, it is unlikely that Samsung will relinquish its top spot spot any time soon as its product offerings are just too numerous and its retail presence to dominant in both the LCD and Plasma categories for other manufacturers to match in the short term.
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