The company also made and sold video products such as VCRs, color televisions, DVD players, and digital satellite television tuners. Īpart from audio products, Aiwa also has been present in other industries.
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In 1993, the first CD+G-compatible portable CD player, the XP-80G, was made. In 1990, Aiwa created the HP-J7 earbuds, designed to be vertically inserted into the ear. Despite Sony being the major shareholder, healthy competition between the two brands was believed to be profitable. In 1980, Aiwa created the world's first personal stereo recorder, TP-S30. Īiwa marketed Japan's first boombox, the TPR-101, in 1968, as well as the first cassette deck, TP-1009. 12 percent came from products such as televisions and VCRs, and the remaining two percent from computer peripherals and other life products. Nearly 86 percent of company revenues were derived from such audio products. The company was a leading manufacturer of audio products, including headphone stereos, minicomponent stereo systems, portable stereo systems, minidisc players, CD and cassette players, and car stereo systems throughout the 1970s, 1980s, and 1990s. Mitsuo Ikejiri served as president until 1969. The company was founded on June 20, 1951, as AIKO Denki Sangyo Co., Ltd., manufacturing microphones, and changed its name to Aiwa Co., Ltd. was granted the rights to the brand name, with the company renaming itself Aiwa Corporation under which it produces audio equipment. In 2015, an American audio company known as Hale Devices, Inc. Aiwa was then rebranded as a new youth-focused division of Sony, but it was unsuccessful and the brand was discontinued by 2006. The company became unprofitable in the late 1990s, and was fully bought by Sony in 2003. The company was listed on the Tokyo Stock Exchange from October 1961 until September 2003. Aiwa created the first Japanese cassette tape recorder in 1964. It was the market leader in several product categories. In Mexico and other countries in Latin America, the rights are owned by Audio Mobile Americas, S.A.Īiwa was founded in 1951 and was once a globally well-regarded brand known for making quality audio products such as speakers, boomboxes and stereo systems. Towada Audio based in Tokyo owns the rights to the brand in Japan and other countries, and has been manufacturing Aiwa-branded products since 2017. American and other regions are owned by Chicago-based Aiwa Corporation. Aiwa ( アイワ) is a consumer electronics brand owned and used by various companies in different regions of the world.
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