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Walmart to buy Vizio
Posted on 2/20/24 at 10:56 am
Posted on 2/20/24 at 10:56 am
CNBC
Is Vizio about to go the way of Hisense and TCL?
quote:
Walmart has agreed to buy TV maker Vizio, the companies announced Tuesday, as the largest U.S. retailer grows its high-profit ad business.
Walmart will acquire Vizio for $2.3 billion, or $11.50 per share, in cash. The big-box retailer announced the acquisition as it reported its fourth-quarter earnings.
Is Vizio about to go the way of Hisense and TCL?
5
Posted on 2/20/24 at 11:06 am to pwejr88
Vizio is the top of the trash brand TVs. Now it will be the bottom.
Posted on 2/20/24 at 11:12 am to pwejr88
quote:
Is Vizio about to go the way of Hisense and TCL?
It already did. They got out of flagship TV market a couple years ago because they found advertising revenue via their smart platform on cheap TVs made them a lot more money.
Posted on 2/20/24 at 8:16 pm to pwejr88
quote:
Is Vizio about to go the way of Hisense and TCL?
I doubt walmart will improve Vizio that much
Posted on 2/20/24 at 8:41 pm to Jsand43
Vizio hasn't been at the top of anything since about 2021. Their stock has absolutely bottomed out from $24/s then to $4/s thus the sell off.
Posted on 2/20/24 at 10:39 pm to weadjust
The first time I came across the Vizio brand was on a Black Friday circular from Walmart back in the mid 2000s. I always assumed that Vizio started off as a Walmart exclusive brand and was spun off.
Posted on 2/21/24 at 8:21 am to pwejr88
quote:
Is Vizio about to go the way of Hisense and TCL?
Bought my son Hisense 120 hz tv for gaming and picture is awesome with his PS5. Durability? Who knows yet. But the Hisense is nice
Posted on 2/24/24 at 9:26 am to pwejr88
Vizio WISHES it could be as good as Hisense or TLC. Vizio had always been a crap brand as far as I'm concerned. Bought my first 4k TV 6 years ago, a 55 inch Vizio. Hated the menu system, very laggy, mediocre picture, and it died literally a month after the warranty ended. Vizio I purchased for daughters room was crap also. Maybe Walmart will be the best thing ever for Vizio.
Posted on 2/24/24 at 10:51 am to Rowdy Mcflowdy
We bought a new living room TV a few months ago that replaced a 55" Vizio that was about 13 years old. We moved it to the bedroom, but it's been a solid TV. We use Rokus anyway so I don't really use the native interface.
Posted on 2/24/24 at 11:13 pm to fallguy_1978
I've met people happy with their Vizio tvs but I've met many more that feel otherwise. It started with glitches in the menu and progressed to a white band across the screen at times. Hate that TV. Digging up bad memories.
Posted on 2/25/24 at 12:25 pm to Rowdy Mcflowdy
Isnt it crazy how prices of tvs continue to drop… it seems like tv’s are the only thing getting cheaper.
Posted on 2/26/24 at 10:06 pm to fallguy_1978
We only have Vizio TVs in our house, besides the one in my office that's a refurbished LG. Have zero complaints, besides the native interface being so slow. We use Fire Sticks anyway.
Posted on 2/27/24 at 7:13 am to Rowdy Mcflowdy
quote:
Vizio had always been a crap brand as far as I'm concerned
My 2008 Vizio is still going strong. It was even rained on when I lost my roof in a storm. Dried it out and it fired right up.
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