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Animats
There goes the last American TV manufacturer.
jonknee
Vizio never manufactured a single television.
Animats
Their Tijuana plant was operated by an outsourcing company, but Vizio seems to have owned it, because it's part of the LeEco deal.
frank_jaeger
I can't say I know its exact manufacturing origins, but I can say without a doubt my TV is a Vizio.
jonknee
Vizio designs products and has other companies make them. They have ~400 employees, all in the US. They aren't making TVs themselves.
givinguflac
Does this really matter? Your statement is true for nearly every electronic device.
joenathan
LG, Samsung, Sony to name a few. Having vertical intergration can lead to huge wins
btian
And Apple never manufactured a single iPhone.

So?

Teever
So now the Chinese companies that did do that manufacturing are buying American companies.

America's hens have come home to roost.

sailfast
So much for the S-1. Interesting move. If your goal is to work on software this seems like a pretty good deal for the CEO - 51% of the new spin-off and a bunch of cash and 10 years of "guaranteed" license revenue. Was this an LBO or straight cash? Anybody know? Been reading Barbarians at the Gate lately and have taken a new interest in management agreements and payouts in these things.
brianbreslin
How does LeEco have so much money? They are also funding Faraday Future, and have been buying up tons of stuff lately.
riobard
From Chinese stock market.
brianbreslin
so effectively thin air. this will surely end well. /sarcasm
bluthru
>"As the owner and father of Vizio, I am very reluctant to let it go. But as the CEO and owner of the company, I know this is the right decision to make for our hard-working employees and loyal shareholders."

Why?

burnitdown
Money. Don't be daft
bluthru
Yeah I get that for the sell-out owners, but how is it better for the employees? I'm sure many of them took pride in working for the only American TV manufacturer.
burnitdown
There is no benefit which is why he failed to give any.
james4k
Another acquisition to put Minecraft ($2.5B) in perspective ...wowzers.

Have to admit I am kind of bummed after just buying a Vizio TV.