Walmart is planning to buy Vizio for over $2 billion, giving them control over 20% of the US TV market. This acquisition could negatively impact Roku's shares in the smart TV and streaming device market. However, this development spells trouble for Roku, another player in the smart TV and streaming device market.
from Times of India https://timesofindia.indiatimes.com/gadgets-news/walmart-plans-to-buy-vizio-becoming-a-major-player-in-the-us-tv-market/articleshow/107760918.cms
Sunday, February 18, 2024
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