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VIZIO Tops U.S. LCD HDTV Shipments for Q1 2012 - VIZIO ranks #1 in U.S. LCD HDTV shipments* with an 18.5% market share, leading the way in the nation's most popular 32" and 40/42" size classes

- Winning beyond the TV, VIZIO is #1 in sound bar shipments**, with a 27.5% market share and a lineup that includes the best-selling sound bar in the U.S.

IRVINE, Calif., June 20, 2012 /PRNewswire/ -- VIZIO, America's #1 LCD HDTV Company*, announced today that it outperformed the industry as the number one shipper of LCD HDTVs in Q1 2012 in the U.S. with a market share of 18.5%*.  With a brand recognized by 8 out of 10 Americans**, VIZIO's leadership extends beyond LCD HDTVs and into the fast-growing sound bar category where VIZIO is #1 with a 27.5% market share***.

(Photo: http://photos.prnewswire.com/prnh/20120620/LA28004)

(Logo: http://photos.prnewswire.com/prnh/20090204/LA66605LOGO)

VIZIO has remained in the upper echelon of LCD TV sales over the past three years, ranking in the top two brands every quarter in U.S. LCD shipments since Q1'09.  The brand's substantial install base is backed by an award-winning U.S.-based customer service team in Sioux City, South Dakota. The VIZIO Customer Service team recently took home four Stevie Awards for Sales and Customer Service excellence.

"VIZIO's focus has always been to make the best technology accessible to all consumers," said Matt McRae, VIZIO Chief Technology Officer. "Today's announcement of VIZIO's #1 rank in both LCD HDTVs and sound bars validates our approach and demonstrates that VIZIO products continue to resonate with the U.S. consumer."

VIZIO's LCD market share has increased by 3.5% Q/Q for an industry-leading 18.5%*, keeping the brand ranked in the top two in U.S. LCD shipments over the past three years.

"VIZIO made strong market share gains in Q1 2012 to take the #1 position in US LCD shipments as a result of their dominance in America's most popular sizes, 32" and 40/42"," stated Tom Morrod, Senior Principal Analyst for TV Technology at IHS iSuppli.

IHS iSuppli Q2 2012 Shipment & Forecast Report for Q1 2012 LCD Shipments

(Ranking by Unit Shipments in Thousands)

Rank

Brand

Unit Shipments

Market Share

Market Share
Change Q/Q

1

VIZIO

1,214

18.5%

3.5%

2

SAMSUNG

1,159

17.6%

-5.3%

3

LGE

657

10.0%

-2.0%

4

SONY

434

6.6%

-1.1%

5

SANYO

346

5.3%

0.1%

6

TOSHIBA

341

5.2%

-2.4%

7

SHARP

288

4.4%

0.4%

8

PANASONIC

81

1.2%

-0.5%

9

HITACHI

67

1.0%

0.1%


OTHERS

1,984

30.2%

+7.2%

Source: IHS iSuppli

The first quarter results from Quixel Research show that consumers are seeking innovation and value when purchasing HDTVs, with VIZIO leading the industry in both LED lit and CCFL lit LCD HDTV best sellers**.

Quixel Research Market Update:

Top 5 LED Lit LCD HDTV Best Sellers by Units in U.S. for Q1 2012

Manufacturer

Product

Size

Resolution

Light
Source

List Price

VIZIO

E220VA

22

HD 1080

LED

$199.00

VIZIO

E261VA

26

HD 720

LED

$259.00

Samsung

UN22D5003

22

HD 1080

LED

$249.00

VIZIO

E190VA

19

HD 720

LED

$159.00

Sharp

LC60LE640U

60

HD 1080

LED

$1,799.00

Source: Quixel Research®

   

Quixel Research Market Update:

Top 5 CCFL Lit LCD HDTV Best Sellers by Units in U.S. for Q1 2012

Manufacturer

Product

Size

Resolution

Light
Source

List Price

VIZIO

E321VL

32

HD 720

CCFL

$299.00

Samsung

LN32D403

32

HD 720

CCFL

$329.00

Toshiba

32C120U

32

HD 720

CCFL

$349.00

VIZIO

E371VL

37

HD 1080

CCFL

$429.00

Phillips

32PFL3506/F7

32

HD 720

CCFL

$279.00

Source: Quixel Research®

VIZIO remains the leader in sound bar sales with the U.S. best-selling VSB200 shipping more units than any other sound bar on the market.  The VIZIO VHT215 also remains in the top 5 bestselling units for Q1 2012, aiding in the 27.5% category-leading market share that VIZIO has experienced.

"VIZIO's category leading HDTV best seller track record has now carried over to their complimentary sound bar lineup," said Tamaryn Pratt, Analyst at Quixel Research. "An innovator in the category, VIZIO leads the way with a dominant 27.5% overall market share in the sound bar market."

Quixel Research Market Update:

U.S. Sound Bar Market Top 5 Best Sellers Q1 2012 by Units

Manufacturer

Product

Length

Spker Config

MSRP

VIZIO

VSB200

40"

2

$149.99

Phillips

CSS2123/F7

30"

2.1

$129.99

Samsung

HW-E450

36"

2.1

$299.99

VIZIO

VHT215

40"

2.1

$299.99

Polk

SURROUNDBAR

31"

2.1

$349.99

Source: Quixel Research®

* Source: IHS iSuppli Corporation Research Q2 2012 Market Tracker Report of Q1 2012

** Source: IHS iSuppli Corporation Research Q1 2012 Custom Brand Tracker Report

*** Source: Quixel Research® Quarterly Market Report of Q1 2012.

About VIZIO

VIZIO, Inc., headquartered in Irvine, California, is America's #1 LCD HDTV Company*.  In Q2 2007, VIZIO skyrocketed to the top by becoming the #1 shipping brand of flat panel HDTVs in North America and in Q3 2007 became the first American brand in over a decade to lead in U.S. LCD HDTV shipments. Since 2007 VIZIO LCD HDTV shipments remain in the top ranks in the U.S. and were #1 for the total year in 2009 and 2010.  VIZIO is committed to bringing feature-rich consumer electronics to market at a value through practical innovation. VIZIO offers a broad range of award winning consumer electronics.  VIZIO's products are found at Costco Wholesale, Sam's Club, Walmart, Target, BJ's Wholesale, and other retailers nationwide along with authorized online partners.  VIZIO has won numerous awards including a #1 ranking in the Inc. 500 for Top Companies in Computers and Electronics, Fast Company's 6th Most Innovative CE Company of 2009, and made the lists of Ad Age's Hottest Brands, CNET's Editor's Choice, CNET Best of CES 2011 - Television, IGN Best of CES - Television, Bluetooth.org Best of CES, Good Housekeeping's Best Big-Screens, PC World's Best Buy, Popular Mechanics Editor's Choice and OC Metro's 10 Most Trustworthy Brands among many other prestigious honors.  For more information, please call 888-VIZIOCE or visit on the web at www.VIZIO.com.

The V, VIZIO, VIZIO Internet Apps, Theater 3D, CinemaWide HDTV, Full Array TruLED, Edge Lit Razor LED, 240Hz SPS, 480Hz SPS, Entertainment Freedom and Entertainment Freedom for All names, logos and phrase are registered or unregistered trademarks of VIZIO, Inc.  All other trademarks may be the property of their respective holders.

SOURCE VIZIO, Inc.



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