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Vizio and the market for Flt-Panel TVs. Glass panels—South Korea, Taiwan and Japan Electronic components form Asia and USA Assembled in Mexico Sold in USA—US $ 35 billion a year on flat-panel TVs Technology invented in USA by RCA in the late 1960s
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Vizio and the market for Flt-Panel TVs • Glass panels—South Korea, Taiwan and Japan • Electronic components form Asia and USA • Assembled in Mexico • Sold in USA—US $ 35 billion a year on flat-panel TVs • Technology invented in USA by RCA in the late 1960s • Westinghouse and Zerox opted not pursue the technology
Vizio • SHARP made aggressive investment and was selling TVs • Recession in Japan—investment shifted to Korea(Samsung) • 1997—Asian Crisis-Taiwan seized leadership • Today- Chinese companies
Vizio California based company Founded by a Taiwanese immigrant six years ago-less than 100 employees Sales--$ 2 billion in 2008 Early 2009—21.7% US market share Focuses on: • Final Product Design • Sales • Customer Service
Vizio Outsources: • Engineering work • Manufacturing • Logistics 42 inch model • Panel-South Korea • Electronic components-China • Processors- USA • Assembly-Mexico
Vizio Sanyo-laid of 300 employees in USA Hitachi- laid of 200 employees in USA Sony and Hitachi- assembled in Mexico from components manufactured in Asia