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In 1961, Sony launched the world's first compact transistor VTR, the PV-100. In 1968, Sony launched the legendary color television set, Trinitron. The Trinitron was the reason that Sony had been the world's largest TV manufacturer in terms of annual revenue until 2006. [5] [6] In 1969, Sony launched Sony TC-50, a compact cassette recorder.
Sony's first product was an electric rice cooker in the late 1940s. [23]Sony began in the wake of World War II. In 1946, Masaru Ibuka started an electronics shop in Shirokiya, [24] a department store building in the Nihonbashi area of Tokyo.
During the same year, Sony acquired the remaining shares of Sony Financial Group that it did not already own. Sony Interactive Entertainment's acquisition of Bungie in 2022 was a crucial step in expanding its gaming portfolio and strengthening its position in the highly competitive gaming industry.
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The Japanese conglomerate still doesn't get as much attention as its U.S. peers.
Sony's investments in the US have been successful and have helped to solidify the company's position as a major player in the global market. Sony is the tenth largest foreign direct investor in the United States, with investments worth more than $90 billion. [ 11 ]
Sony Group said on Thursday it will invest about 50 billion yen ($320 million) to acquire new shares of Kadokawa, raising its stake in the Japanese media powerhouse to around 10% and becoming ...
1986-1994 - GATT trade ministers launch the Uruguay Round in Punta Del Este, Uruguay, embarking on the most ambitious and far-reaching trade round so far. 1986-1994 - GATT negotiations culminate in the Marrakech Agreement that establishes the World Trade Organization (WTO). January 1, 1995 - The WTO comes into existence.