Holiday Shopping Season, Tv | featured news

If you’ve shopped for a TV in the past couple of years, chances are you’ve heard of Vizio. After all, the company, a decade old this year, has been holding its own in the US TV market against global giants like Samsung and Sony while at the same time expanding into new products like PCs and tablets. Impressive no doubt, even more so considering the company does all this with just 400 employees. At $3 billion in annual revenue, this translates to about $7.5 million per head, a number that’s over ten times that of Sony. That’s an amazing degree of productivity, especially for a company that has in no way taken the easy path of shipping me-too boxes, but instead has been one of the most progressive in adopting new technologies for the TV market such as new interfaces and smart TV.

In an unexpected twist, TVs are topping many Christmas shopping lists this year. Wal-Mart says TVs are among the top gifts people are putting on layaway at its 3,000-plus U.S. stores during the holiday season. The Westinghouse 46-inch LCD HDTV that was on sale for half off at Target for $298 was a top seller during the start to the season last weekend. And Abt Electronics already has sold out of 55-inch Samsung LED TVs that were marked down by half to $1,099.