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With increasing competition in the high-end, high-definition TV market, manufacturers are coming out with different ideas to stay alive in the cut throat competition. If you are planning to buy a HDTV and want to save some bucks ($500 to $700), you may hold the idea for few weeks for Vizio has proclaimed their new 47-inch LCD TV with 1080p for below $2,000 only, whereas, many other manufacturers currently are selling the similar resolution LCD TV for $2,500 to $3,000.

Bob O’Donnell, an analyst with IDC said,

That’s a good price. They have done a good job of coming from nowhere to play a big role. Hell, I bought one of their TVs.

Questioning the quality of Vizio’s forthcoming TV, O’Donnell further added that the set lacks all some extra functions that other manufacturers might add,

It is not the best quality (TV), but it is good quality for the money.

Working on the strategy of weakening the major manufacturers in price, at the same time maintaining the customer support, Vizio has become the seventh-largest digital TV manufacturer in the United States, regardless the fact that they have only started selling TVs under their own name in 2003.

Earlier on a Thanksgiving weekend, Vizio also presented a 42-inch plasma TV for under $1,000 that other manufacturers were selling above $1,250.

The new 47-inch LCD TV is scheduled to appear sometime before the Super Bowl in January or February.

The master move of cost-effective TVs from Vizio is really making a mark for the company in the LCD TV world and it certainly has forced other manufacturers to rearrange their strategies for future as well.

Via: news.com