Vizio: Difference between revisions
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{{InfoboxCompany | {{InfoboxCompany | ||
| Name = Visio | | Name = Visio | ||
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| Industry =Electronics | | Industry =Electronics | ||
| Official Website =https://www.vizio.com/ | | Official Website =https://www.vizio.com/ | ||
| Logo = | | Logo =Vizio.png | ||
}}'''Vizio''' is an American designer of televisions, soundbars, and related software and accessories owned by [[Walmart]] since 2024.<ref>{{Cite web|url=https://corporate.walmart.com/news/2024/12/03/walmart-completes-acquisition-of-vizio/|publisher=Walmart Corporate|format=press release|title=Walmart Completes Acquisition of VIZIO|date=3 Dec 2024|language=en}}</ref> | }}'''Vizio''' is an American designer of televisions, soundbars, and related software and accessories that has been owned by [[Walmart]] since 2024.<ref>{{Cite web|url=https://corporate.walmart.com/news/2024/12/03/walmart-completes-acquisition-of-vizio/|publisher=Walmart Corporate|format=press release|title=Walmart Completes Acquisition of VIZIO|date=3 Dec 2024|language=en}}</ref> | ||
==Consumer impact summary== | ==Consumer impact summary== | ||
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*[[Vizio sued over unfairly appropriated software for their SmartCast system]] (2018-now): Ongoing legal case about the alleged refusal to comply with the pro-consumer terms of used licenses. | *[[Vizio sued over unfairly appropriated software for their SmartCast system]] (2018-now): Ongoing legal case about the alleged refusal to comply with the pro-consumer terms of used licenses. | ||
*[[Vizio strongly disagrees with Consumer Reports not recommending them anymore]] (2019): Vizio does not address the concerns raised by the reports, and instead states "It inherently assumes that TVs from 2010 should behave the same as TVs today in terms of performance.", "The applications (apps) on connected TVs are dependent on a multitude of third-party service providers. The number of variables involved in the performance of connected TVs is greater than for non-connected TVs."<ref>{{Cite web|url-status=dead|url=https://www.vizio.com/en/press/2019/mar/VIZIO-responds-to-consumer-reports-grossly-inaccurate-reliability-survey-vizio-hdtvs-maintain-high-consumer-ratings-and-overall-satisfaction;|archive-url=https://web.archive.org/web/20210723182552/https://www.vizio.com/en/press/2019/mar/VIZIO-responds-to-consumer-reports-grossly-inaccurate-reliability-survey-vizio-hdtvs-maintain-high-consumer-ratings-and-overall-satisfaction|title=VIZIO Responds to Consumer Reports’ Grossly Inaccurate “Reliability” Survey; VIZIO HDTVs Maintain High Consumer Ratings and Overall Satisfaction|archive-date=23 Jul 2021|date=28 March 2019|language=en|format=press release|publisher=VIZIO}}</ref> Consumer Reports revealed that Vizio has subpar reliability relative to other TV manufacturers, which is also among competing smart tv's.<ref>{{Cite web|url=https://www.consumerreports.org/media-room/press-releases/2019/03/consumer-reports-no-longer-recommends-vizio-and-hisense-tvs-due-/|format=press release|title=Consumer Reports No Longer Recommends Vizio and Hisense TVs Due to Problems with Reliability|publisher=Consumer Reports|date=26 Mar 2019|language=en}}</ref> | *[[Vizio strongly disagrees with Consumer Reports not recommending them anymore]] (2019): Vizio does not address the concerns raised by the reports, and instead states "It inherently assumes that TVs from 2010 should behave the same as TVs today in terms of performance.", "The applications (apps) on connected TVs are dependent on a multitude of third-party service providers. The number of variables involved in the performance of connected TVs is greater than for non-connected TVs."<ref>{{Cite web|url-status=dead|url=https://www.vizio.com/en/press/2019/mar/VIZIO-responds-to-consumer-reports-grossly-inaccurate-reliability-survey-vizio-hdtvs-maintain-high-consumer-ratings-and-overall-satisfaction;|archive-url=https://web.archive.org/web/20210723182552/https://www.vizio.com/en/press/2019/mar/VIZIO-responds-to-consumer-reports-grossly-inaccurate-reliability-survey-vizio-hdtvs-maintain-high-consumer-ratings-and-overall-satisfaction|title=VIZIO Responds to Consumer Reports’ Grossly Inaccurate “Reliability” Survey; VIZIO HDTVs Maintain High Consumer Ratings and Overall Satisfaction|archive-date=23 Jul 2021|date=28 March 2019|language=en|format=press release|publisher=VIZIO}}</ref> Consumer Reports revealed that Vizio has subpar reliability relative to other TV manufacturers, which is also among competing smart tv's.<ref>{{Cite web|url=https://www.consumerreports.org/media-room/press-releases/2019/03/consumer-reports-no-longer-recommends-vizio-and-hisense-tvs-due-/|format=press release|title=Consumer Reports No Longer Recommends Vizio and Hisense TVs Due to Problems with Reliability|publisher=Consumer Reports|date=26 Mar 2019|language=en}}</ref> | ||
== Acquisition == | |||
Vizio was acquired by [[Walmart]] for $2.3bn in December 2024.<ref>{{Cite web |title=Walmart’s Acquisition of VISIO: |url=https://www.tradingcalendar.com/post/walmart-s-acquisition-of-vizio-transforming-home-entertainment-and-retail-advertising-wmt-vzio |access-date=30 August 2025 |website=Trading Calender}}</ref> | |||
==See also== | ==See also== | ||
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<references /> | <references /> | ||
[[Category:Vizio]] | [[Category:Vizio]] | ||