Who owns Vizio?
Vizio products are produced in several factories worldwide, including Vietnam, Mexico, China, Taiwan, and Thailand. This allows Vizio to control costs and offer a variety of well-constructed products. The companies in the table below manufacture various Vizio TVs components, while Vizio’s office in California focuses primarily on designing its products. Who owns Vizio? Vizio was…
Vizio products are produced in several factories worldwide, including Vietnam, Mexico, China, Taiwan, and Thailand. This allows Vizio to control costs and offer a variety of well-constructed products. The companies in the table below manufacture various Vizio TVs components, while Vizio’s office in California focuses primarily on designing its products.
Who owns Vizio?
Vizio was founded in 2002 and is based in Irvine, California. by entrepreneur William Wang and two founding employees. By 2004, Wang changed the company name to Vizio. In 2006, the company’s revenue was estimated at $700 million, and in 2007 it was estimated to have exceeded $2 billion. Vizio is known for selling its HDTVs at lower prices than its competitors.
On October 19, 2010, Vizio signed a 4-year contract to sponsor U.S. college football’s annual Rose Bowl game in Pasadena, California, beginning with the 2011 Rose Bowl and ending with the 2014 Vizio BCS National Championship Game.
As a public company, it is also owned by several different investment firms and individual investors, including:
William Wang (Founder) – 77,497,100 shares (40.23%)
Foxconn Technology – 14,412,115 shares (7.48%)
AmTRAN Technology – 13,555,866 shares (7.04%)
V-TW Holdings – 11,233,057 shares (5.83%)
