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Concept
Funai
Summary
is a Japanese consumer electronics company headquartered in Daitō, Osaka. Apart from producing its own branded electronic products, it is also an OEM providing assembled televisions and video players/recorders to major corporations such as Sharp, Toshiba, Denon, and others. Funai supplies inkjet printer hardware technology to Dell and Lexmark, and produces printers under the Kodak name.
Its United States-based subsidiary Funai Corporation, Inc., based in Torrance, California, markets Funai products in the US, along with Funai-licensed brands including Philips, Magnavox, Emerson Radio, and Sanyo. Funai is the main supplier of electronics to Walmart and Sam's Club stores in the US, with production output in excess of 2 million flat-panel televisions during the summertime per year for Black Friday sale.
Funai was founded by Tetsuro Funai, the son of a sewing machine manufacturer. During the 1950s before the company was formed, Funai produced sewing machines and was one of the first Japanese makers to enter the United States retail market. Then, the introduction of transistor technology had begun to change the face of the electronics market. The Funai company was formed, Tetsuro Funai became CEO for 47 years and a US dollar billionaire, and the first actual products produced were the transistor radios.
In 1980, Funai launched a sales and manufacturing subsidiary in Germany. Funai also developed the Compact Video Cassette (CVC) format in the same year, a joint development with Technicolor, trying to compete with VHS and Betamax. Sales were poor and not well-received due to ongoing VHS vs. Beta war, and the CVC format was abandoned a few years later.
Funai introduced an arcade laserdisc video game, Interstellar, at Tokyo's Amusement Machine Show (AM Show) in September 1983. It demonstrated the use of pre-rendered 3D computer graphics. The game made its North American debut at the Amusement & Music Operators Association (AMOA) show in October 1983.
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