VIZIO announced that their HDTV sales accounted for over 9% of all flat panel (FPTV) sales throughout North America, which enabled them to maintain top tier manufacturing status and easily secure the #3 position by over 100,000 units. This was according to independent 2nd Quarter reports from DisplaySearch and iSuppli.
Additionally, the reports showed that despite competitors efforts to slow VIZIO's growth by offering lower priced HDTVs, VIZIO still experienced Year-Over-Year growth in FPTV sales with an increase of 18%, selling 803,000 units, meeting VIZIO's projected sales goals.
Furthermore, VIZIO plasma display panel (PDP) business experienced a year-over-year growth by 225%, selling 240,000 units, and ranking #2, overtaking Samsung with 25% market share. Specifically, VIZIO's highly popular 32-inch Plasma HDTV (model VP322) yielded 18% of the entire PDP category during the 2nd Quarter alone.