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Victor Company of Japan, Limited (日本ビクター株式会社 Nippon Bikutā Kabushiki-gaisha?) (TYO: 6792), usually referred to as JVC, is an international consumer and professional electronics corporation based in Yokohama, Japan which was founded in 1927. The company is best known for introducing Japan's first televisions, and developing the VHS video recorder.
CompaniesJVC America Inc. - Tuscaloosa, Alabama; JVC Americas Corp - Wayne, New Jersey;
History
1920s - 1960sJVC was founded in 1927 as "The Victor Talking Machine Company of Japan, Limited" as a subsidiary of the United States' leading phonograph and record company, the Victor Talking Machine Company. In 1929 majority ownership was transferred to RCA-Victor. In the 1930s JVC produced phonographs and records, but in 1932 JVC started producing radios, and in 1939 they introduced Japan's first TV. JVC severed relations with its foreign partners during World War II, and since 1953, JVC has been owned by Matsushita, who held a majority stake in the company until August 2007.
1970s - 1980sJVC developed the VHS format, and introduced the first VHS recorders to the consumer market in 1976 for the equivalent of US $1060. Sony who had introduced the Betamax home videocassette tape a year earlier, became the main competitor to JVC's VHS into the 1980s creating the videotape format war. The Betamax cassette was smaller with slightly superior quality to the VHS cassette, due to its use of a guard band in the recording process, but this resulted in Betamax having less recording time. By 1984, forty companies utilized the VHS format in comparison with Betamax's twelve. Sony tacitly conceded defeat in 1988 when they also began producing VHS recorders. In 1970 JVC marketed the Videosphere, a modern portable CRT television inside a space helmet shaped casing with an alarm clock at the base. It was a commercial success. In 1976 JVC introduced the 3060, a 3" portable television with an included cassette player.
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