Vizio Widens Lead in U.S. LCD Television Sales

Vizio widened its lead in the U.S. liquid-crystal-display (LCD) television market in the fourth quarter, accounting for 27.6% of the country's sales, according to a report from research firm iSuppli on Thursday. Vizio, a closely held California company, sells lower-priced flat-screen TVs that proved popular during the holiday season.

Samsung, the No. 2 seller of LCDs in the U.S., made up 20.2% of the market share, meaning that Vizio outsold Samsung by more than seven percentage points. Vizio scored a two-percentage-point lead over Samsung in the third quarter, up from a one-point lead in the fourth quarter of 2009.

Meanwhile, Sony came in at third place, accounting for 10.1% of the U.S. LCD market in the quarter. That's an increase from the 9.7% market share it held in the third quarter, but down from 13.3% in the year-ago quarter.
Read Full Story

Markets

DJIA 25,058.12 -6.38 -0.03%
NASDAQ 7,820.20 -5.10 -0.07%
NIKKEI 225 22,697.88 -66.80 -0.29%
HANG SENG 28,224.48 213.62 0.76%
DAX 12,561.42 -124.87 -0.98%
USD (per EUR) 1.17 0.00 0.01%
USD (per CHF) 0.99 0.00 0.07%
JPY (per USD) 111.41 -0.02 -0.01%
GBP (per USD) 1.31 0.00 -0.04%