MITO News & Events
Welcome to the news and events page...- MITO Corporation enters exclusive agreement with VIZIO, Inc. - 11-03-2009
For Immediate Release
Elkhart, IN
MITO Corporation is very pleased to announce that we have entered into an exclusive distribution agreement with VIZIO, Inc., for the rights to supply the VIZIO lineup of LCD televisions to the Recreational Vehicle Industry.
VIZIO, Inc., "Where Vision Meets Value", headquartered in Irvine, California, is America's HDTV Company and Consumer Electronics Company. In 2007, VIZIO skyrocketed to the top by becoming the #1 selling brand of flat panel HDTVs in North America and became the first American brand in over a decade to lead major categories in U.S. TV sales. Since 2007 VIZIO HDTV shipments remain in the TOP ranks in the U.S. and are again #1 in Q1, 2009 with over 20% market share.
VIZIO is committed to bringing feature-rich flat panel televisions to market at a value through practical innovation. VIZIO offers a broad range of award winning LCD HDTVs including the new XVT series. VIZIO has won numerous awards including a #1 ranking the Inc. 500 for Top Companies in Computers and Electronics, Good Housekeeping's Best Big-Screens, CNET's Top 10 Holiday Gifts and PC World's Best Buy among others.
MITO Corporation supplies electronic products such as LCD TVs, BluRay, car audio, GPS navigation devices, rear observation systems, cameras and monitor to the OEM RV, specialty vehicle, bus, and marine industries. MITO Corporation is located in Elkhart, IN.
For more information, please contact your MITO Sales Representative at 1-888-433-6486, or visit our website at www.mito-oem.com or http://www.mito-oem.com/products.php?manufacturer=64
For detailed information on VIZIO Products, visit on the web at www.vizio.com.
- Fujitsu Ten Appoints MITO as Exclusive U.S. Distribution Point for Eclipse Dealer Option Navigation - 02-16-2010FUJITSU TEN APPOINTS MITO CORPORATION AS EXCLUSIVE U.S. DISTRIBUTION POINT FOR ECLIPSE DEALER OPTION NAVIGATION SOLUTIONS
Los Angeles, February 16, 2010 - Fujitsu Ten Corp. of America has appointed MITO Corporation as the exclusive distributor of Eclipse integrated navigation solutions to automotive retailers and service providers throughout key regions of the U.S. market.
MITO Corporation, a 36 year old company located in Elkhart, Indiana, is a leading supplier of high technology electronics to the recreational vehicle and automotive industries. Since 2005, MITO Corporation has been the exclusive supplier of various Eclipse electronics to RV manufacturers. With this appointment, MITO Corporation will begin supplying application specific Eclipse navigation systems to expeditors that provide products and services for Toyota vehicles.
The Eclipse integrated navigation solution kits are unique in that they include specially engineered components and software which enables them to integrate and function with factory installed accessories, thereby eliminating the need for customers to sacrifice any of the functions and features that originally came with the vehicle. In addition, these sys-tems feature the Eclipse Direct Connect capability, which substantially improves the integrity of the installation while reducing the labor time required. All harnesses and connectors are manufactured specifically for these systems and have met Fujitsu Ten's rigorous design and quality criteria for OEM applications.
"MITO Corporation and Fujitsu ten have worked closely over the last 5 years to develop in-dash technology solutions for RV manufacturers. We now look forward to the addition of Eclipse dealer option products to enable MITO to build upon their strong relationships with Toyota dealers and expeditors. MITO's participation in the SEMA Pro Pledge program also provides dealers with added benefits and value when choosing Eclipse OEM Option products for their vehicles" said Michel Odle, Vice President OEM Sales & Marketing for Fujitsu Ten.
"MITO Corporation is extremely pleased that Fujitsu Ten has appointed MITO Corporation as the exclusive distributor of Eclipse integrated navigation solutions to automotive retailers and service providers," said Marvin Metzler, Vice Presi-dent of MITO Corporation. "The Eclipse product fits in well with the existing line of products MITO is currently selling to Toyota Dealers."
Toyota dealers and expeditors may contact MITO directly at 800-433-6486 or visit their website at www.mitocorp.com to obtain more information on how to participate in this unique opportunity to increase revenue and profits with the Eclipse dealer option program.
About FUJITSU TEN FUJITSU TEN LIMITED operates worldwide businesses including car audio, car navigation systems, home Hi-Fi audio, and "Automotive electronics devices" including engine and air bag control ECU etc. FUJITSU TEN delivers genuine products for Toyota Motor Corporation and other domestic and overseas automotive manufacturers. For more information, please see: http://www.fujitsu-ten.co.jp/english/index.html - VIZIO M-Series Razor LED HD Smart TV | Available Now - 05-28-2013
A television viewing experience uniquely its own, the all-new M-Series Razor LED HD Smart TV line from VIZIO features an ultra-thin bezel design. Thus, an edge-to-edge, near-borderless immersive quality with further enhancements from its streamlined metal finishes and VIZIO's Smart Dimming technology, reviews shown the M-Series Razor LED HDTV delivers truer blacks and brighter whites than many of its competitors. More than just a television however, the M-Series Razor Series doubles as a hub for all forms of online contents. Thanks to an intuitive Internet app and built-in Wi-Fi or Ethernet connectors, you can access the likes of Netflix, Amazon Instant Video, M-GO, Facebook, HuluPlus, Pandora, VUDU and YouTube seamlessly. For those looking for a more immersive experience, VIZIO quipped the 50-inch or larger models with Theater 3D Technology, one that just need a lightweight, battery-free glasses to work.
- Consumers Make VIZIO the #1 LCD HDTV in North America - 02-24-2011COMPLETE PRESS RELEASE HERE
FOR RELEASE 2/24/11 at 8:00am Eastern
Consumers Make VIZIO the #1 LCD HDTV in North America- VIZIO #1 in US LCD HDTV for the full 2010 year with over 21% market share
- VIZIO's share for Q4 US LCD HDTVs was 28% - the highest share any brand in the industry has achieved since 2004
- VIZIO led the top brands in the industry with 55% Y/Y LCD HDTV sales growth, continuing to increase their leadership role over the competition based upon consumer preference and choice
- VIZIO secures 3 spots in the top 5 Best Sellers including a popular big screen 42" model
- VIZIO Beyond TV products annual sales of Soundbars and Blu-ray players both experienced significant growth as compared to last year
IRVINE, CA - FEBRUARY 24, 2011 - VIZIO, Inc., America's #1 LCD HDTV Company, announced today that it outperformed the industry as the number one shipper of all flat panel HDTVs in Q4 2010 for both North America and the U.S. With an LCD HDTV share of more than 28%* VIZIO has captured the important essence of consumer desires in flat panel HDTV performance features, design form and value.
VIZIO saw significant sales increases with its 7-time award winning XVT Series lineup with VIZIO Internet Apps, as well as in the Beyond TV category, headlined by Blu-ray players with wireless Internet apps and the nation's bestselling Soundbars. VIZIO was also the leading shipper of LED backlit HDTVs in North America in Q4** behind the strength of its TruLED and Razor LED products shipping over 50% more backlit LED LCD TVs than its nearest competitor.
"VIZIO continues to defy conventional wisdom in the consumer electronics space with strong growth and innovation. Our team's success has proven that consumers recognize great technology at a great price by unseating the industry's traditional leaders in the LCD market," stated Randy Waynick, Chief Sales Officer, of VIZIO. "Customers have embraced our higher performance product lineup and efficient retail partners in TVs and have now carried over their brand loyalty to our Beyond TV products, making VIZIO's Soundbars best sellers as well. Stay tuned in 2011 as we extend our 'Entertainment Freedom for All' brand vision to Theater 3D HDTVs, tablets and smartphones."
Adding to the meteoric growth of the brand, VIZIO's Beyond TV Category, which includes Soundbars, Blu-ray players, Headphones, Wall mounts, Cables, Wireless Routers, and other accessories, saw tremendous increases in Q4. Market-leading Soundbars saw sales growth of 200% Q/Q while sales of VIZIO's popular Blu-ray players grew 163%***. Offering a wide range of Soundbar solutions with innovative wireless subwoofers in 5.1 and 2.1 channel configurations and sizes for small to large size televisions has allowed VIZIO to dominate this market -- capturing 54% of the growing market in Q4 based on CEA's MarketMetrics data.
"VIZIO has also become a leader in some key advanced TV categories, rising to #1 in LED LCD TV unit shipments in North America and was #2 in high frame rate LCD and 40"+ screen size," stated Paul Gagnon, Director of North American TV Research at DisplaySearch.DisplaySearch: Top 10 LCD TV Brands in North America for the Year of 2010
(Ranking by Unit Shipments in Thousands)
Source: DisplaySearch February 2011Rank Vendor 2010 Market Share 2009 Y/Y % Change 1 VIZIO 6,962 18.2% 5,941 17% 2 Samsung 6,715 17.5% 6,418 5% 3 Funai 4,613 12.0% 4,758 -3% 4 Sony 3,998 10.4% 4,338 -8% 5 LG 3,711 9.7% 2,704 37% 6 Toshiba 2,274 5.9% 2,635 -14% 7 Sanyo 2,250 5.9% 2,106 7% 8 Sharp 1,243 3.2% 1,770 -30% 9 Panasonic 1,035 2.7% 889 16% 10 Westinghouse 476 1.2% 386 1% Total 38,291 37,319 3%
The forth quarter's results showed that consumers are looking for innovation as well as value for their HDTV purchases. Outpacing the industry, VIZIO LED HDTV shipments grew 993% Y/Y, Full HD LCD TVs grew 44% Y/Y, 46" and above TVs grew 92% Y/Y and 120Hz+ TVs grew 119% Y/Y***.
"U.S. consumers are demanding full-featured LCD TVs at the lowest possible prices," said Riddhi Patel, Director, Television Systems, for IHS. "Television brands that successfully offer a combination of low pricing and advanced features, such as LED backlighting, Internet connectivity are gaining market share. Because of VIZIO's ability to provide latest features at attractive prices, the brand has reached number 1 position in the US flat panel TV market in Q4 2010."iSuppli: Top 8 LCD-TV Brands in the United States for the Year of 2010
(Ranking by Unit Shipments in Thousands)
Source: iSuppli Corp. February 2011Rank Vendor 2010 Market Share 2009 Y/Y % Change 1 VIZIO 6,929 21.3% 5,920 17% 2 Samsung 6,123 18.9% 5,608 9% 3 Sony 3,373 10.4% 3,681 -8% 4 LG 2,865 8.8% 2,533 13% 5 Toshiba 2,092 6.4% 2,394 -13% 6 Sanyo 1,978 6.1% 1,934 2% 7 Sharp 1,082 3.3% 1,592 32% 8 Panasonic 963 3.0% 1,183 -19% Total 32,459 32,324 0%
*Source: iSuppli Research Q1 2011 Report of Q4 2010 US LCD Market Share
** Source: DisplaySearch Quarterly Advanced Global TV Shipment and Forecast Report
***Source: VIZIO, Inc. - Alpine Electronics Announces Distribution Partnership with MITO Corp. - 08-03-2011Alpine Electronics Announces Distribution Partnership with MITO Corp.
By: RV PRO Staff
Monday, August 1, 2011
http://rv-pro.com/news/alpine-electronics-announces-distribution-partnership-with-mito-corp
Alpine Electronics of America Inc. today (Aug. 1) announced that it is working with MITO Corp. to supply select source units for RV manufacturers.
MITO Corp., founded in 1974 and based in Elkhart, Ind., specializes in supplying products to the RV industry. Under this partnership, MITO Corp. will be a distributor for select Alpine CD receivers and audio/video/navigation (AVN) systems for the RV industry in the U.S. The Alpine products will be offered as standard equipment (or optional equipment, depending on the model) in the RV brands that are served by MITO Corporation.
"Alpine is looking forward to a productive partnership with MITO Corp.," said Mike Anderson, assistant vice president sales, Alpine Electronics. "We hope to learn from MITO's expertise in the RV industry so we can better serve the needs of RV enthusiasts."
"We are thrilled with the opportunity to become a strategic partner with Alpine Electronics," said Dan Maloney, vice president of sales, MITO Corp. "With our customers' increased demands for quality, we feel that the Alpine products will be a great fit for many years to come."
For more information about the Alpine products, call Rod Hire, product manager, MITO Corp. at (888) 433-6486, or go to www.mito-oem.com. - Clarion Corporation of America Marine Press Release - 04-23-2012
Clarion Corporation of America For Immediate Release
6200 Gateway Drive
Cypress, CA 90630
Media Contact: Angela Flynn
Phone: 248-991-3236
Clarion Corporation of America Announces MITO as their
National Marine Electronics Distributor
Cypress, Calif. (April 23, 2012) Clarion Corporation of America (CCA) is pleased to announce the appointment of MITO Corporation as their national distributor for the marine industry as of June 1, 2012.
Clarion is a leading brand of marine audio electronics in the aftermarket as well as in several prestigious brands of new boats. A veteran marine electronics manufacturer for nearly two decades, Clarion carries a full product-line of marine multimedia products with exceptional durability to endure the harsh marine environment.
"Clarion is excited about expanding our relationship with MITO Corporation," says Frank Pierce, Vice President, Aftermarket Division, Clarion Corporation of America. "We look forward to working with MITO to further develop and strengthen our presence in the marine market."
"We are excited to be teaming up with Clarion to provide the Marine OEM industry with state of the art marine audio, video and speaker solutions", said Dan Maloney, Vice President of Sales at MITO Corporation. "Clarion has built a solid reputation in this industry, and we are very pleased to become part of that."
To contact the MITO Marine Division call 1-866-849-0276 or you may email directly to Dan Maloney, Vice President of Sales at dmaloney@mitocorp.com or Ora Freeman, Director of OEM Sales at ofreeman@mitocorp.com
About Clarion
Clarion Corporation of America, headquartered in Cypress, California, is a subsidiary of Clarion Co. Ltd., headquartered in Japan, which has been a consolidated subsidiary of the Hitachi Group since 2007 and an international leader in car audio and electronics since 1940. The company is involved in the research, development, engineering, design, manufacturing, sales and marketing of mobile entertainment, navigation, communication and safety and security products for the automotive, marine, recreational vehicle, commercial fleet and heavy industry environments. Clarion has been the recipient of numerous awards for design innovation, support, manufacturing and product reliability from independent organizations and customers alike. The company has marketing and sales affiliates in Europe, North and South America, Asia and Australia. Clarion is located on the web at www.clarion.com.
Like us on Facebook: http://www.facebook.com/ClarionUSA
Follow us on Twitter: http://www.twitter.com/ClarionUSA
- VIZIO Tops U.S. LCD HDTV Shipments for Q1 2012 - 08-08-2012
VIZIO Tops U.S. LCD HDTV Shipments for Q1 2012
Wednesday, June 20, 2012 4:17:39 PM America/Los Angeles
- VIZIO ranks #1 in U.S. LCD HDTV shipments* with an 18.5% market share, leading the way in the nation's most popular 32" and 40/42" size classes
- Winning beyond the TV, VIZIO is #1 in sound bar shipments**, with a 27.5% market share and a lineup that includes the best-selling sound bar in the U.S.
Irvine, CA - June 20, 2012 - VIZIO, America's #1 LCD HDTV Company*, announced today that it outperformed the industry as the number one shipper of LCD HDTVs in Q1 2012 in the U.S. with a market share of 18.5%*. With a brand recognized by 8 out of 10 Americans**, VIZIO's leadership extends beyond LCD HDTVs and into the fast-growing sound bar category where VIZIO is #1 with a 27.5% market share***.
VIZIO has remained in the upper echelon of LCD TV sales over the past three years, ranking in the top two brands every quarter in U.S. LCD shipments since Q1'09. The brand's substantial install base is backed by an award- winning U.S.-based customer service team in Sioux City, South Dakota. The VIZIO Customer Service team recently took home four Stevie Awards for Sales and Customer Service excellence.
"VIZIO's focus has always been to make the best technology accessible to all consumers," said Matt McRae, VIZIO Chief Technology Officer. "Today’s announcement of VIZIO's #1 rank in both LCD HDTVs and sound bars validates our approach and demonstrates that VIZIO products continue to resonate with the U.S. consumer."
VIZIO's LCD market share has increased by 3.5% Q/Q for an industry-leading 18.5%*, keeping the brand ranked in the top two in U.S. LCD shipments over the past three years.
"VIZIO made strong market share gains in Q1 2012 to take the #1 position in US LCD shipments as a result of their dominance in America's most popular sizes, 32" and 40/42"," stated Tom Morrod, Senior Principal Analyst for TV Technology at IHS iSuppli.
IHS iSuppli Q2 2012 Shipment & Forecast Report for Q1 2012 LCD Shipments
(Ranking by Unit Shipments in Thousands)Rank
Brand
Unit Shipments
Market Share
Market Share Change Q/Q
1
VIZIO
1,214
18.5%
3.5%
2
SAMSUNG
1,159
17.6%
-5.3%
3
LGE
657
10.0%
-2.0%
4
SONY
434
6.6%
-1.1%
5
SANYO
346
5.3%
0.1%
6
TOSHIBA
341
5.2%
-2.4%
7
SHARP
288
4.4%
0.4%
8
PANASONIC
81
1.2%
-0.5%
9
HITACHI
67
1.0%
0.1%
OTHERS
1,984
30.2%
+7.2%
Source: IHS iSuppli
The first quarter results from Quixel Research show that consumers are seeking innovation and value when purchasing HDTVs, with VIZIO leading the industry in both LED lit and CCFL lit LCD HDTV best sellers**.
Source: Quixel Research
* Source: IHS iSuppli Corporation Research Q2 2012 Market Tracker Report of Q1 2012
** Source: IHS iSuppli Corporation Research Q1 2012 Custom Brand Tracker Report
*** Source: Quixel Research Quarterly Market Report of Q1 2012.About VIZIO
VIZIO, Inc., headquartered in Irvine, California, is America's #1 LCD HDTV Company*. In Q2 2007, VIZIO skyrocketed to the top by becoming the #1 shipping brand of flat panel HDTVs in North America and in Q3 2007 became the first American brand in over a decade to lead in U.S. LCD HDTV shipments. Since 2007 VIZIO LCD HDTV shipments remain in the top ranks in the U.S. and were #1 for the total year in 2009 and 2010. VIZIO is committed to bringing feature-rich consumer electronics to market at a value through practical innovation. VIZIO offers a broad range of award winning consumer electronics. VIZIO's products are found at Costco Wholesale, Sam's Club, Walmart, Target, BJ's Wholesale, and other retailers nationwide along with authorized online partners. VIZIO has won numerous awards including a #1 ranking in the Inc. 500 for Top Companies in Computers and Electronics, Fast Company's 6th Most Innovative CE Company of 2009, and made the lists of Ad Age's Hottest Brands, CNET's Editor's Choice, CNET Best of CES 2011 - Television, IGN Best of CES - Television, Bluetooth.org Best of CES, Good Housekeeping's Best Big-Screens, PC World's Best Buy, Popular Mechanics Editor's Choice and OC Metro's 10 Most Trustworthy Brands among many other prestigious honors. For more information, please call 888-VIZIOCE or visit on the web at www.VIZIO.com.The V, VIZIO, VIZIO Internet Apps, Theater 3D, CinemaWide HDTV, Full Array TruLED, Edge Lit Razor LED, 240Hz SPS, 480Hz SPS, Entertainment Freedom and Entertainment Freedom for All names, logos and phrase are registered or unregistered trademarks of VIZIO, Inc. All other trademarks may be the property of their respective holders.
Source: VIZIO, Inc.
- Clarion Establishes New Silicon Valley Office to Strengthen Ties with Software and App Development C - 05-29-2013
New In-Vehicle Connectivity Products and Services to Benefit from Silicon Valley Resources and Innovations
Cypress, CA - (May 29, 2013) - Clarion Corporation of America, a leader in consumer and commercial mobile electronics, announced today the establishment of a Silicon Valley office to cater to the growing software and app development needs associated with its cloud-connected in-vehicle multimedia and infotainment products and services.
With the continued popularity and growth of smartphones and tablets fueling software and app intensive business opportunities and innovations, Clarion is determined to take advantage of talents, creativity and resources available in the Silicon Valley area. The office will also facilitate Clarion's engineering and product marketing teams to work closer with the company's software and app developers, as well as Clarion's strategic partners including Google with which Clarion recently announced a multi-year agreement.
"In the past year, we have witnessed a rapidly growing move towards cloud-connected infotainment systems for in-vehicle applications," stated Paul Lachner, President of Clarion Corporation of America. "While we are excited about Clarion's exclusive Smart Access being the first successful cloud-based in-vehicle system designed specifically for app-driven OEM and aftermarket applications, we believe the industry is just beginning to realize the opportunities and challenges associated with incorporating and operating cloud-connected devices inside the vehicle. Given that, it is of great strategic and tactical importance to Clarion to rely on a dedicated team that lives and works at the epicenter of innovation when it comes to apps and software development."
About Clarion:
Clarion Corporation of America, headquartered in Cypress, California, is a subsidiary of Tokyo-based Clarion Co. Ltd., headquartered in Saitama, which has been a consolidated subsidiary of the Hitachi Group since 2007 and an international leader in car audio and electronics since 1940. The company is involved in the research, development, engineering, design, manufacturing, sales and marketing of mobile entertainment, navigation, communication and safety and security products for the automotive, marine, recreational vehicle, commercial fleet and heavy industry environments. Clarion has been the recipient of numerous awards for design innovation, support, manufacturing and product reliability from independent organizations and customers alike. The company has marketing and sales affiliates in Europe, North and South America, Asia and Australia. Clarion is located on the web at http://www.clarion.com/.Like us on Facebook: http://www.facebook.com/ClarionUSA
Follow us on Twitter: http://www.twitter.com/ClarionUSA
