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Sony company history information: Introducing key episodes of the history of Sony Group from Features Sony's history. The Founding Prospectus, Corporate History, Product & Technology Milestones, Time Capsule, Sony History, Sony Archives.
On 19 May , the company announced that it would change its name to Sony Group Corporation as of 1 April On the same day, Sony Mobile Communications Inc. Sony has historically been notable for creating its own in-house standards for new recording and storage technologies, instead of adopting those of other manufacturers and standards bodies, while its success in the early years owes to a smooth capitalization on the Digital Compact Cassette standard introduced by Philips , [ 56 ] with which Sony went on to enjoy a decades-long technological relationship in various areas.
Sony either alone or with partners has introduced several of the most popular recording formats, including the 3. Sony introduced U-matic , the world's first videocassette format, in , but the standard was unpopular for domestic use due to the high price. Betamax is, for all practical purposes, an obsolete format. In , Sony launched their Handycam products and the Video8 format.
Sony held a patent for its proprietary Trinitron until Sony introduced the Triluminos Display, the company's proprietary color reproduction enhancing technology, in , featured in the world's first LED-backlit LCD televisions. It was the first commercial use of quantum dots. Sony used the Compact Cassette format in many of its tape recorders and players, including the Walkman , the world's first portable music player.
Until late , Sony's Network Walkman line of digital portable music players did not support the MP3 standard natively. In addition to saving audio on the discs, Hi-MD allows the storage of computer files such as documents, videos and photos. In , Sony challenged the industry standard Dolby Digital 5. The latter became entrenched in a format war with DVD-Audio.
Still, neither gained a major foothold with the general public. CDs had been preferred by consumers because of the ubiquitous presence of CD drives in consumer devices until the early s when the iPod and streaming services became available. However the decoder library is proprietary , so receiving devices require licenses. Sony demonstrated an optical digital audio disc in and soon joined hands with Philips, another major contender for the storage technology, to establish a worldwide standard.
Sony began to improve performance and capacity of the novel format. It launched write-once optical discs WO and magneto-optical discs which were around MB size for the specific use of archival data storage, in and respectively. The unified disc format was called DVD and was introduced in Sony was one of the leading developers of the Blu-ray optical disc format, the newest standard for disc-based content delivery.
The first Blu-ray players became commercially available in The format emerged as the standard for HD media over the competing format, Toshiba's HD DVD , after a two-year-long high-definition optical disc format war. Sony's laser communication devices for small satellites rely on the technologies developed for the company's optical disc products.
In , Sony introduced 90 mm micro diskettes, better known as 3. Sony had great success and the format became dominant. Sony held more than a 70 percent share of the market when it decided to pull the plug on the format in In , Sony launched the Memory Stick format, the flash memory cards for use in Sony lines of digital cameras and portable music players.
It has seen little support outside of Sony's own products, with Secure Digital cards SD commanding considerably greater popularity.
Sony introduced FeliCa , a contactless IC card technology primarily used in contactless payment , as a result of the company's joint development and commercialization of Near-Field Communication NFC with Philips. The standard is largely offered in two forms, either chips embedded in smartphones or plastic cards with chips embedded in them. Sony plans to implement this technology in train systems across Asia.
Until , Sony had little direct involvement with the video game industry. The company supplied components for other consoles, such as the sound chip for the Super Famicom from Nintendo , and operated a video game studio, Sony Imagesoft. However, a day after the announcement at CES, Nintendo announced that it would be breaking its partnership with Sony, opting to go with Philips instead but using the same technology.
At that time, negotiations were still on-going between Nintendo and Sony, with Nintendo offering Sony a "non-gaming role" regarding their new partnership with Philips. This proposal was swiftly rejected by Kutaragi who was facing increasing criticism over his work with regard to entering the video game industry from within Sony.
Negotiations officially ended in May and in order to decide the fate of the PlayStation project, a meeting was held in June , consisting of Sony President Ohga, PlayStation Head Kutaragi and several senior members of Sony's board. At the meeting, Kutaragi unveiled a proprietary CD-ROM-based system he had been working on which involved playing video games with 3D graphics to the board.
Eventually, Sony President Ohga decided to retain the project after being reminded by Kutaragi of the humiliation he suffered from Nintendo. Nevertheless, due to strong opposition from a majority present at the meeting as well as widespread internal opposition to the project by the older generation of Sony executives, Kutaragi and his team had to be shifted from Sony's headquarters to Sony Music , a completely separate financial entity owned by Sony, so as to retain the project and maintain relationships with Philips for the MMCD development project which helped lead to the creation of the DVD.
Best known for its electronic products, Sony offers a wide variety of product lines in many areas. At its peak, it was dubbed as a "corporate octopus", for its sprawling ventures from private insurance to chemicals to cosmetics to home shopping to a Tokyo-based French food joint, in addition its core businesses such as electronics and entertainment.
This line fostered a fundamental change in music listening habits by allowing people to carry music with them and listen to music through lightweight headphones.
Sony company information
In the case of optical disc players, the Discman brand was used until the late s. In Sony's first portable digital audio players were introduced; one was a player using Memory Stick flash storage created by the Walkman division, and the other was a smaller pen-sized player with embedded flash storage created by the Vaio division; both accompanied with Sony's OpenMG protection technology and PC software for music transfer.
Sony is a major audio products manufacturer and one of the active noise control technology leaders. Sony produced the TV , the world's first all- transistor television, in Sony stopped production of Trinitron for most markets, but continued producing sets for markets such as Pakistan, Bangladesh and China. Sony discontinued its series of Trinitron computer monitors in The company discontinued the last Trinitron-based television set in the U.
The end of Trinitron marked the end of Sony's analog television sets and monitors. In , Sony lost its decades-long No. From , Sony started restructuring of its loss-making television business, mainly by downsizing business units and outsourcing the manufacturing of display panels to the companies like Sharp Corporation , LG Display , and Samsung Electronics.
Also, Sony has sold a range of tapes, discs, recorders and players for videocassette , DVD , and Blu-ray formats for decades. Sony offers a wide range of digital cameras. It also produces action cameras and camcorders , with the company's cinema-grade products being sold under the CineAlta name. Sony demonstrated a prototype of the Sony Mavica in and released it for the consumer market in The first Cyber-shot was introduced in Sony entered the market for digital single-lens reflex cameras in when it acquired the camera business of Konica Minolta.
Sony rebranded the company's line of cameras as its Alpha line. Sony is the world's third largest manufacturer of the cameras, behind Canon and Nikon respectively. They also started a new lens mount system, which was the E-mount. The company withdrew from the computer business around Sony entered again into the global computer market under the new VAIO brand, began in Short for "Video Audio Integrated Operation", the line was the first computer brand to highlight visual-audio features.
Sony faced considerable controversy when some of its laptop batteries exploded and caught fire in , resulting in the largest computer-related recall to that point in history. In a bid to join the tablet computer market, the company launched its Sony Tablet line of Android tablets in Since , Sony's Android products have been marketed under the Xperia brand used for its smartphones.
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In s, Sony was contracted to manufacture laptop computers for Apple and Dell. Sony has targeted medical, healthcare and biotechnology business as a growth sector in the future. The company acquired iCyt Mission Technology, Inc. In , Sony announced that it would acquire all shares of So-net Entertainment Corporation, the largest shareholder of M3, Inc.
On 28 September , Olympus and Sony announced that the two companies will establish a joint venture to develop new surgical endoscopes with 4K resolution or higher and 3D capability. In , Sony was a marginal player in the mobile phone market with a share of less than 1 percent. In , Sony entered into a joint venture with Swedish telecommunications company Ericsson , forming Sony Ericsson Mobile Communications.
However, Sony Ericsson reached a profit in The company distinguished itself with multimedia-capable mobile phones, which included features such as cameras. These were unusual at the time. This article has multiple issues. Please help improve it or discuss these issues on the talk page. Learn how and when to remove these messages.
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Founding [ edit ]. As an innovator [ edit ]. Beyond an electronics powerhouse [ edit ]. Crisis and challenges [ edit ]. References [ edit ]. Archived from the original on 28 November Retrieved 16 February Retrieved 16 December Retrieved 30 April Wall Street Journal. ISSN Samsung Rising: Inside the secretive company conquering Tech.
The company experienced its biggest net loss in for several reasons, including its unprofitable TV business, the earthquake in Japan , and the unfavorable exchange rates.
Besides developing the PlayStation, Sony has also invested in gaming companies in diverse areas, including gaming headphones and video deep learning. Besides gaming, the company is also known for electronics, photography, semiconductors, financial services, and music, which make up for its main products. When Akio Morita came to Tokyo to join his friend, the company built its first product: an electric rice cooker, which turned out to be a failure.
K Tokyo Telecommunications Engineering Corporation. It was also known by its acronym, Totsuko. Operating in post-war Japan, Totsuko started as a small company, with just , yen and around 20 employees. One of the first products of Totsuko was a G-type tape recorder, completed in However, when the coal mining market cooled off, the demand for tape recorders decreased.
This was when the co-founders decided to expand the company to other markets, as it was risky to depend on a single area or country. After reading about the invention of the transistor at Bell Laboratories in the United States, Masaru Ibuka visited the country in In , Tokyo Tsushin Kogyo K. Sony already had a deal with the American company Agrod to distribute its products.
At that time, most Japanese companies sold products in the US under an American brand name. Apart from Nikon and Canon cameras, Japanese products were seen as low-quality and cheap. However, Sony wanted to use its own brand name because it trusted its products. This was a big step for the Sony brand.
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It also made significant advancements in consumer electronics. In , Sony launched the first-generation Sony Walkman including lightweight headphones. The company marketed the Walkman in strategic ways, showing people listening to music while skating or walking outside. Below is a Sony Walkman commercial launched in The Sony Walkman went on sale in July, and its initial batch of 30, units was sold by the end of August.
At the time, the average best-selling tape recorder sold 15, units per month. And by , less than twenty years after the initial launch, it produced million Walkmans, making Sony a market leader. Walkman became a brand in no time, with worldwide dictionaries like Le Petit Larousse and Oxford English Dictionary including it in their new editions.
Sony entered the computer industry in , when it launched its first 8-bit personal computer. By , four years after its launch, the CD became the principal audio medium. During this decade, Sony made major investments in the entertaiinnment industry. In the early s , Sony was affected by the economic problems in Japan and Europe, suffering from a loss of 8.
Sony was ranked 30 on the Fortune Global list. Sony was ranked 31 on the Fortune Global list. Sony released the PlayStation 2 in , which was even more successful than the first one.
Biography sony company history
The console has become the most successful of all time, selling over million units as of Sony was ranked 37 on the Fortune Global list. Sony was ranked 32 on the Fortune Global list. The console has sold reasonably, but has taken a second place to a rival handheld, the Nintendo DS. Sony is the third-largest maker of televisions in the world.
As of , Sony's television business has been unprofitable for eight years. Sony faced considerable controversy when some of its laptop batteries exploded and caught fire in , resulting in the largest computer-related recall to that point in history. Sony was ranked 47 on the Fortune Global list. Sony was one of the leading developers of the Blu-ray optical disc format, the newest standard for disc-based content delivery.
The first Blu-ray players became commercially available in The format emerged as the standard for HD media over the competing format, Toshiba's HD DVD, after a two-year-long high-definition optical disc format war. Sony released the PlayStation 3, a high-definition console, in It was the first console to use the Blu-ray format, and was considerably more expensive than competitors Xbox and Wii due to a Cell processor.
Sony was ranked 65 on the Fortune Global list. Sony was ranked 69 on the Fortune Global list.