Roku, Inc. (Nasdaq: ROKU) announced that the Sanyo brand is now part of the Roku TV licensing program. Funai Corporation expects to ship the first Sanyo Roku TVs in Canada this quarter.
“The Roku operating system makes our smart TVs an attractive option for consumers, with simple navigation and search, an easy-to-use remote, thousands of streaming channels and regular software updates so we can offer a great TV experience to our customers,” said Peter Swinkels, GM, Product Planning at Funai Electric, Inc. “Millions of households are familiar with the Sanyo brand, and together with Roku’s easy-to-use streaming platform that makes a powerful combination.”
“In just four years we have grown the Roku TV licensing program significantly and have launched into other countries such as Canada. We’re thrilled to expand the Roku TV program with our 10th brand – Sanyo – through our work with Funai,” said Chas Smith, general manager of Roku TV & Players. “I am certain that Sanyo Roku TVs will offer Canadian consumers what they’re looking for in a TV: value, simplicity and tons of entertainment options.”
The Roku TV licensing program offers TV OEM partners an easy, efficient, and cost-effective way to build smart TVs that consumers love to use. The Roku operating system provides consumers with access to an ever-growing library of content as well as regular, automatic updates so they can be sure they have the latest and greatest features.
About Funai Corporation
Funai Corporation with offices at Rutherford, NJ and Torrance, CA is a subsidiary of Funai Electric Co., LTD and is the exclusive licensee for Sanyo consumer televisions and home video products in North America. Funai Electric Co., Ltd., established in 1961, is headquartered in Osaka, Japan and is listed in the Tokyo Securities Exchange First Section (6839). In addition to the consumer electronic product brands sold by Funai sales and marketing companies in Asia, Europe, and South America, Funai Electric Company, Ltd. is a major original equipment manufacturer (OEM) supplier for appliance, consumer electronics, computer, and computer peripheral companies at a global level.
About Roku, Inc.
Roku pioneered streaming to the TV. We connect users to the streaming content they love, enable content publishers to build and monetize large audiences, and provide advertisers with unique capabilities to engage consumers. Roku streaming players and Roku TV models are available around the world through direct retail sales and licensing arrangements with TV OEMs and service operators. The company was founded by Anthony Wood, inventor of the DVR. Roku is headquartered in Los Gatos, Calif. U.S.A.
Cautionary Statement Regarding Roku Forward-Looking Statements
This press release contains “forward-looking” statements that are based on our beliefs and assumptions and on information currently available to us on the date of this press release. Forward-looking statements may involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from those expressed or implied by the forward-looking statements. These statements include, but are not limited to predictions on the timing and availability of Sanyo Roku TVs in the market. Except as required by law, we assume no obligation to update these forward-looking statements publicly, or to update the reasons actual results could differ materially from those anticipated in the forward-looking statements, even if new information becomes available in the future. Important factors that could cause our actual results to differ materially are detailed from time to time in the reports Roku files with the Securities and Exchange Commission, including our Form 10-K for the quarter and year ended December 31, 2017. Copies of reports filed with the SEC are posted on Roku’s website and are available from Roku without charge.
