About the TV Industry

While only a handful of computer companies comprise most of the sales of computers in this country, the TV market is much more competitive, with many more players. There are no longer any US based television companies – US brands have all been sold to or licensed to other manufacturers. The  Japanese TV companies like Sony, Panasonic and Sharp who once dominated the market, now face strong competition from the Korean companies (Samsung and LG) plus the growing number of Chinese and Taiwanese companies who manufacture most of the house brands for electronics retailers, like Best Buy, Walmart, Target, and Radio Shack. By focusing on sales of lower priced products sold at big box stores like Costco and Walmart, Taiwan based Vizio has seen explosive sales numbers, leading all companies in one quarter in 2007.