Sony is a Japanese multinational conglomerate based in Tokyo. Its diverse operations span electronics, imaging and sensing, film, music, and video games. Sony is a major player in the entertainment and technology industries, known for its innovation and global reach.
On May 7, 1946, Masaru Ibuka and Akio Morita established a company called Tokyo Tsushin Kogyo (Tokyo Telecommunications Engineering Corporation).
In 1946, Sony was founded as Tokyo Tsushin Kogyo K.K. by Masaru Ibuka and Akio Morita. Initially, the company was an electronics firm.
In 1955, Sony's TR-63 radio "cracked open the U.S. market and launched the new industry of consumer microelectronics."
The first Sony-branded product, the TR-55 transistor radio, appeared in 1955.
In January 1958, the company name changed to Sony.
In 1958, Tokyo Tsushin Kogyo K.K. adopted the name Sony Corporation. This marked a significant step in the company's history.
In 1959, Sony produced the TV8-301, the world's first all-transistor television.
In 1960, Sony co-founder Akio Morita founded Sony Corporation of America.
Since 1961, Sony maintains American depositary receipts on the New York Stock Exchange.
By the end of 1968, the portable transistor radio industry had grown to 5 million units, up from an estimated 100,000 units in 1955.
In 1968, Sony introduced the Trinitron brand name for its lines of aperture grille cathode-ray tube televisions and later, computer monitors.
In 1971, Masaru Ibuka handed the position of president over to his co-founder Akio Morita.
In 1971, Sony introduced U-matic, the world's first videocassette format. The standard was unpopular for domestic use due to the high price.
In 1975, Sony launched the Betamax format.
In 1977, Sony demonstrated an optical digital audio disc, marking an early step in the development of compact disc technology.
In 1979, Sony began a life insurance company, marking one of its many ventures into peripheral businesses.
In 1979, Sony released the world's first portable music player, the Walkman, bundled with MDL-3L2 headphones, revolutionizing music listening habits.
In 1981, Sony demonstrated a prototype of the Sony Mavica, an early electronic camera.
In 1983, Sony and Philips jointly announced the Compact Disc (CD), establishing a worldwide standard for digital audio storage technology.
In 1983, Sony introduced 90 mm micro diskettes, better known as 3.5-inch floppy disks, aiming to replace the 5.25-inch floppy disks and establishing a dominant format in data storage.
In 1984, Sony launched the Discman series, expanding the Walkman brand to portable CD players, allowing users to play CDs on the go.
In 1985, Sony launched their Handycam products and the Video8 format, which became popular in the consumer camcorder market.
In 1986, Sony launched write-once optical discs (WO), around 125MB in size, specifically for archival data storage.
In 1987 Sony launched the 4 mm DAT or Digital Audio Tape as a new digital audio tape standard.
In 1988, Nintendo and Sony started a joint project to create a CD-ROM version of the Super Famicom.
In 1988, Norio Ohga went on to purchase CBS Records, greatly expanding Sony's media presence.
In 1988, Sony expanded its business beyond electronics by acquiring Columbia Records, marking a significant expansion into the music industry.
In 1988, Sony launched magneto-optical discs, around 125MB in size, for archival data storage, further developing its optical storage technology.
In 1988, Sony released the Sony Mavica for the consumer market, marking its entry into the electronic camera market.
In 1989, Norio Ohga went on to purchase Columbia Pictures, greatly expanding Sony's media presence.
In March 1991, Nintendo denied the existence of a deal with Sony to create a CD-ROM version of the Super Famicom.
In June 1991, at the Consumer Electronics Show, Sony revealed the "Play Station" (SNES-CD), a Super Famicom with a built-in CD-ROM drive, developed in collaboration with Nintendo.
In May 1992, negotiations between Nintendo and Sony officially ended. Nintendo offered Sony a "non-gaming role" which was rejected by Kutaragi.
In June 1992, a meeting was held to decide the fate of the PlayStation project. Sony President Ohga decided to retain the project after Kutaragi unveiled a proprietary CD-ROM-based system with 3D graphics and reminded Ohga of the humiliation suffered from Nintendo.
In 1992, Sony introduced the MiniDisc format as an alternative to Philips DCC and as a successor to the Compact Cassette.
In 1993, Sony introduced SDDS (Sony Dynamic Digital Sound), a proprietary motion picture digital audio format with eight channels (7.1), challenging Dolby Digital 5.1. However, SDDS was ultimately overshadowed by DTS and Dolby Digital standards. SDDS was intended solely for theatre use.
Akio Morita served as chairman until 1994, overseeing Sony's rise as a global brand recognized for innovation in consumer electronics.
In 1994, Sony entered the home video game console market with the launch of the PlayStation.
In 1996, Sony introduced the first Cyber-shot digital camera, expanding its presence in the digital photography market.
Sony held a patent for its proprietary Trinitron until 1996.
In 1997, the DVD format was introduced after Philips and Sony abandoned their MultiMedia Compact Disc (MMCD) format and agreed upon Toshiba's Super Density Disc (SD) format with one modification, unifying the high-density optical storage standards.
In 1998, Sony launched the Memory Stick format, flash memory cards for use in Sony digital cameras and portable music players. It saw little support outside of Sony's own products, with Secure Digital cards (SD) gaining greater popularity.
In 1999, Sony introduced its first portable digital audio players; one used Memory Stick flash storage and the other was a smaller pen-sized player with embedded flash storage, both using Sony's OpenMG copyright protection technology and PC software for music transfer.
In 2004, Sony built upon the MiniDisc format by releasing Hi-MD, which allows playback and recording of audio on newly introduced 1 GB Hi-MD discs in addition to playback and recording on regular MiniDiscs. Hi-MD also allows the storage of computer files such as documents, videos and photos.
In 2004, Sony introduced the Triluminos Display, the company's proprietary color reproduction enhancing technology, featured in the world's first LED-backlit LCD televisions.
Until late 2004, Sony's Network Walkman line of digital portable music players did not support the MP3 standard natively.
By 2005, Sony's market share of the digital camera market had fallen from a high of 20% to 9%.
In 2005, Howard Stringer replaced Nobuyuki Idei as chief executive officer, marking the first time that a foreigner had run a major Japanese electronics firm.
In 2005, Sony discontinued its series of Trinitron computer monitors, signaling a shift in display technology.
In summer 2005, Sony introduced the BRAVIA brand for its LCD TVs, replacing the LCD WEGA name. BRAVIA is used for high-definition LCD televisions, projection TVs, front projectors, home cinemas, and the BRAVIA home theatre range. All Sony high-definition flat-panel LCD televisions in North America have carried the BRAVIA logo since 2005.
In 2006, Sony entered the market for digital single-lens reflex cameras by acquiring the camera business of Konica Minolta, rebranding the camera line as its Alpha line.
In 2006, Sony lost its decades-long No.1 market share in the global television market.
In 2006, the first Blu-ray players became commercially available. 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.
In November 2007, Sony released the Sony XEL-1, the first OLED television, which was manufactured for two years.
In early 2007, Sony discontinued the last Trinitron-based television set in the U.S., marking the end of Sony's analog television sets and monitors.
In July 2009, Sony and Sharp executed a joint venture agreement for the establishment and operation of Sharp Display Products Corporation (SDP) to produce and sell large-sized LCD panels and modules.
In 2009, Sony introduced a slogan known as "make.believe" in a bid to provide a unified brand for its global operations.
In 2010, Sony decided to pull the plug on the 3.5" floppy disk format, as it had become obsolete and was replaced by newer media formats, despite holding a significant market share of over 70 percent.
In April 2011, Sony and Sharp amended the joint venture agreement originally executed in July 2009 for the establishment and operation of Sharp Display Products Corporation (SDP).
In December 2011, Sony agreed to sell its stake in an LCD joint venture with Samsung Electronics (S-LCD) for approximately $940 million as part of its restructuring efforts.
On March 28, 2012, Sony and Sharp announced further amendments to the joint venture agreement for Sharp Display Products Corporation (SDP), but the agreement was eventually terminated.
As of 2012, Sony was the third-largest maker of televisions in the world, but the business unit had been unprofitable for eight consecutive years.
In 2012, Kazuo Hirai was promoted to president and CEO, replacing Stringer. Shortly thereafter, Hirai outlined his company-wide initiative, named "One Sony".
In 2012, Sony revealed a prototype of an ultrafine RGB LED display, which it calls the Crystal LED Display.
In 2013, Sony demonstrated the first 4K OLED television, pushing the boundaries of display technology.
In 2013, Sony released a new line of televisions with an improved version of the Triluminos Display technology, which incorporated quantum dots in the backlight system, marking the first commercial use of quantum dots.
In February 2014, Sony announced the sale of its Vaio PC division to a new corporation and spun off its TV division into its own corporation.
In May 2014, the company announced it was forming two joint ventures with Shanghai Oriental Pearl Group to manufacture and market Sony's PlayStation game consoles and associated software in China.
In 2015, Sony introduced LDAC, an audio coding technology for streaming high-resolution audio over Bluetooth at up to 990 kbit/s at 32 bit/96 kHz. Sony also contributed it to the Android Open Source Project, starting with Android 8.0 "Oreo", allowing OEMs to integrate the standard. However, the decoder library is proprietary, requiring licenses for receiving devices.
In 2015, Sony purchased Toshiba's image sensor business.
In December 2016, Sony considered restructuring its U.S. operations by merging its TV & film business, Sony Pictures Entertainment, with its gaming business, Sony Interactive Entertainment.
In 2016 Sony announced it was stopping production of all remaining 1/2-inch video tape recorders and players, including the Digital Betacam format.
In 2017, Sony launched OLED televisions under the BRAVIA brand, expanding its television product line.
In 2017, Sony sold its lithium-ion battery business to Murata Manufacturing.
In 2017, Sony was set to make a final decision on the possibility of the merger of the TV, film, & gaming businesses by the end of its fiscal year.
On September 17, 2019, LDAC was certified by the Japan Audio Society (JAS) with their Hi-Res Audio Wireless certification. LDAC and LHDC are currently the only codecs with this certification.
In 2019, Sony launched ELTRES, the company's proprietary low-power wide-area wireless communication (LPWAN) standard.
In 2019, Sony merged its mobile, TV and camera businesses.
In 2019, Sony was ranked 13th in the world for the number of patent applications published under the PCT System, with 1,566 applications.
On April 1, 2020, Sony Electronics Corporation was established as an intermediate holding company to own and oversee its electronics and IT solutions businesses.
On 19 May 2020, the company announced that it would change its name to Sony Group Corporation as of 1 April 2021.
As of 2020, Sony holds a 55% share of the global image sensor market, making it the largest image sensor manufacturer.
As of 2020, Sony is organized into the following business segments: Game & Network Services (G&NS), Music, Pictures, Electronics Products & Solutions (EP&S), Imaging & Sensing Solutions (I&SS), Financial Services, and Others.
In 2020, 1,793 patent applications were published by Sony under the PCT System.
On April 1, 2021, Sony Corporation was renamed Sony Group Corporation. On the same day, Sony Mobile Communications Inc. absorbed Sony Electronics Corporation, Sony Imaging Products & Solutions Inc., and Sony Home Entertainment & Sound Products Inc. and changed its trade name to Sony Corporation.
On April 1, 2021, Sony Electronics Corporation was renamed Sony Corporation, marking it as the electronics business unit of the Sony Group.
On the same day the company announced that it would change its name to Sony Group Corporation as of 1 April 2021.
As of 2021, Sony ranked 88th on the Fortune Global 500.
In 2021, the WIPO's annual review of the World Intellectual Property Indicators report ranked Sony as ninth in the world for the number of patent applications published under the PCT System.
In 2021, the company was renamed Sony Group Corporation as it transitioned into a holding company structure.
As of 2023, Sony ranked 57th on the Forbes Global 2000 list.
In 2025, a 1979 TPS-L2 cassette Walkman was included in Pirouette: Turning Points in Design, an exhibition at the Museum of Modern Art, highlighting pivotal moments in design history.
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