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.