Foxconn Technology Group and its subsidiary Innolux will buy stakes in Vizio, the U.S. based television brand as the group’s strategy to expand market in North America. 

Chinese TV manufacturer LeEco’s takeover of U.S. TV maker Vizio for US $2 billion is still waiting for approval from Chinese government authorities, according to a TechNews report.

With the domestic market approaching saturation, branded Chinese LCD TV vendors see overseas expansion as the only means to grow their market shares and raise their brand recognition. The latest example of this approach is the acquisition of the U.S.-based consumer electronics maker VIZIO by LeEco, a rising Internet brand in the Chinese LCD TV market. Reports of VIZIO being up for sale gained traction after Foxconn’s acquisition of Sharp, and the US $2 billion deal with LeEco was finally announced on July 27.

Earlier reports from China this week claimed Chinese online video platform LeEco formerly branded as LETV acquired leading U.S. LCD TV manufacturer VIZIO, according to a TechNews report.

Nichia announced several LED patent lawsuits this week, including its two patent infringement suits filed against TV manufacturer Vizio in Eastern Court of Texas and District Court for the Central District of California in U.S., and ongoing YAG patents lawsuit against Everlight China. The lawsuit filed against Vizio stands out in particular, since it targets the end product manufacturer instead of a LED chip or component supplier.

Global leading LED manufacturer Nichia has filed another patent infringement lawsuit against U.S. TV manufacturer Vizio in Central California Court, just one day after filing a lawsuit in the Eastern Texas. Moreover, the Japanese company is enforcing its YAG patents in China, and filed a lawsuit against Everlight subsidiary and distributor in China earlier this month. Below are Nichia’s statements related to the cases:

Nichia has filed a complaint in the Eastern Court of Texas in U.S. court against American TV manufacturer Vizio for infringing its LED patent (U.S. Patent No. 8,530,250), reported Law 360 magazine.

VIZIO, America's #1 Smart TV company1, announced today the availability of its all-new 2014 M-Series Full-Array LED backlit LCD HDTV collection. Demonstrating the brand's leadership in HDTV technology, VIZIO offers a notable step up in terms of picture quality, offering consumers Full-Array LED backlighting and up to 36 Active LED Zones, more than doubling the amount when compared to the 2013 collection. 

Vizio, Panasonic, Toshiba and RCA, and other LED companies are paving the way for CES to tap into their LED market. Vizio is working on its line of LED bulbs for the U.S. which the company says will have a "Vizio price." Panasonic already manufacture LEDs for Japan and Toshiba started selling its A19 LED through BestBuy's Web site last month. RCA said at CES that it will manufacture LED bulbs as part of a larger home theater announcement. It developed a "chip on a board" that uses a single efficient LED light source...

VIZIO has announced to step into LED Lighting market with a collection of new, high performance, energy saving, LED bulb in Q4. The company partners with Epistar and Seoul Semiconductor for the new line of products. Donald Leo, Vice President, of SEOUL SEMICONDUCTOR noted that they are looking forward to VIZIO's entrance into the market with their soon-to-launch High Efficiency LED light bulbs.   And Dr. B.J. Lee, Chairman of Epistar said that "VIZIO'S expansion into the LED Lighting market stands to cha...

Vizio, the U.S.-based sales arm for Taiwan Amtran Technology has signed a patent cross-licensing agreement with LG to reconcile over a years-long patent infringement dispute. Under the agreement, the two companies will settle all lawsuits they have filed in the U.S. and help to invalidate orders already made by International Trade Commission. According to market observers, it’s over 50% of Visio’s flat TVs sold in the U.S. are built with LGE`s display panels now that caused they signed this agreement. What’s more, Amtran has also secured a ...

Taiwan’s Amtran Technology announced that its partner US-based LCD TV brand Vizio had released five M series edge-type LED-backlit LCD TVs in Taiwan. The five new inventions including five models, which from 32- to 55-inch, and the price is NT$27,900 (US$871.48) for 32-inch, NT$32,900 for 37-inch, NT$42,900 for 42-inch, NT$52,900 for 47-inch and NT$83,900 for 55-inch respectively.

Vizio’s 55" LCD LED HDTV, VF551XVT, is now available at Costco for $1999.

Vizio’s previously released 55-inch 1080p/240Hz full-area LED backlit TV, model VF551XVT ($2,200 suggested retail), will ship to retail this September, according to John Schindler, the company’s new product development VP.