Exciting news in the world of home entertainment! Circuit House Technologies, which raised an impressive $4.3 million in funding last June, is launching a new brand called Lumio, focused on transforming the Smart TV market. With a commitment to elevating customer expectations, Lumio is set to introduce innovative features that will redefine your viewing experience.
India’s Expanding Smart TV Market
The Smart TV market in India is currently valued at $5 billion and is projected to grow at a robust 13% CAGR over the next few years. This surge is driven by a growing preference for premium features such as larger displays and advanced technologies like QLED, OLED, and MiniLED. Notably, 4K TVs now account for nearly 70% of sales—a trend that shows no sign of slowing down!
Despite a sea of over 100 competing brands, many consumers find themselves searching for a brand they can trust. Lumio aims to bridge this gap by addressing the unspoken needs of Indian customers.
Lumio: A Game-Changer in Smart TVs
With a talented team hailing from industry giants like Flipkart, Xiaomi, Lenovo, and LG, Lumio promises to bring a unique approach to Smart TVs that will excite and delight users. These experts are dedicated to ensuring that every aspect, from product development to after-sales support, meets the highest standards of quality.
Strategic Partnerships for Enhanced Offerings
Lumio is set to collaborate with industry leaders to elevate its product lineup:
- Google TV will provide access to over 400,000 movies and shows through 10,000+ apps.
- Dixon Technologies will oversee production, ensuring top-notch quality.
- Amazon India will be the exclusive online retailer for Lumio’s Smart TVs, making them easily accessible.
Stay Tuned for Launch!
The complete Lumio Smart TV lineup will be unveiled in March 2025. As Raghu, CEO of Circuit House Technologies, beautifully stated, “Technology should spark joy, not frustration.” Lumio is on a mission to create products that enhance your everyday viewing experience.
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Shalini Govil-Pai, VP & GM of TV Platforms at Google, added, “We are thrilled to partner with Circuit House Technologies to deliver cutting-edge entertainment solutions.” The future of television is bright, and Lumio is leading the way!
