Question

What type of company is Somy Corporation (background)

Answer 1

Sony Corporation was first established on 7 May 1946 by Akio Morita and Masaru Ibuka with a small passionate and committed team. The company’s first name was “Tokyo Telecommunications Engineering Corporation”; and in 1958, the name of the organisation was changed to Sony. The main goal of the company was to create and design innovative products which would be beneficial for the consumers. It had started with slightly more than $1,500 and less than 200,000 yen; and in less than a year it released its first product, a power megaphone. Sony launched its U.S. branch in 1960; in 1968 Sony opened a branch in the U.S. and in 1973 it expanded into France and Spain. In 1986 it started operations in German. Today the Sony Corporation is a multi-business company that deals in several products which include televisions, semiconductors, digital imaging, electronic components, audio/video, professional solutions and medical