Corporation specializes in electronics
, and is based in Tokyo
. Sony was founded Akio Morita under the name of Tokyo Tsushin Kogyo Kabushiki Kaisha (Tokyo Telecommunications Engineering Corporation). It changed its name to Sony Inc
. in 1958.
In 1960 Sony branched off to America and Switzerland. Sony became the first Japanese company to offer shares on a United States stock market. Sony now has affiliates in North/Central/South America, Europe, the Middle East, Asia, and Australia.
Being a leading producer of videocassette recorders, CD equipment, television systems, telephones, and computers, Sony has a large share in today's electronics market. The Walkman headset stereo system, which was introduced in 1970, was a big hit. The Sony Betamax was the first video tape recorder, but Beta was soon replaced by VHS, marketed by RCA. Later product successes include the Discman (portable CD player), and a video game console known as Playstation.
Sony is one of the first companies to produce electronics that combine modern design and reliable functionality.
Sony also has a recording studio for music artists.