Pankaj89. Vizio
Headquarters: Irvine, California
Bought By: LeEco
Headquarters: Beijing, China
Vizio, located in Irvine, California, is one of the leading consumer electronics companies in the United States, known especially for its Smart TVs. In 2016, LeEco, a Chinese technology conglomerate with diverse interests from electric cars to digital content, announced it would acquire Vizio for $2 billion.
However, the deal was eventually called off in 2017 due to regulatory hurdles. Despite the failed acquisition, the initial intent marked a significant push by Chinese tech companies to expand their global presence. Had it been successful, the deal would have given LeEco a significant foothold in the American consumer electronics market, illustrating China’s ambitions in this sector.