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Hitachi Home Electronics history
Hitachi Home Electronics company history timeline
Edo’s development into a city did not occur until the Tokugawa period (1603–1867), when it became the capital of the Tokugawa shogunate.
Tokyo, formerly (until 1868) Edo, city and capital of Tokyo to (metropolis) and of Japan.
Hitachi's historical foundations can be traced back to 1910, when Namihei Odaira took his first engineering job with Kuhara Mining.
Odaira established his own company in 1912 and coined the company’s name by superimposing two kanji (Chinese-derived Japanese) characters, hi meaning “sun” and tachi meaning “rise,” and enclosing them in a circle to form the now familiar Hitachi logo.
Odaira incorporated his company in 1920 and named it for the town of Hitachi, where he had made his first sale.
In 1924 it also built Japan's first electric locomotive.
In 1957 Hitachi built its first computer and entered into the high-tech age.
In 1959 Hitachi established its first presence in the United States with Hitachi America, Ltd.
Hitachi developed its first transistor-based computer in 1959.
founded: 1959 as hitachi new york, ltd.
After licensing technology from RCA Corporation, Hitachi developed and mass-produced all-transistor colour televisions beginning in 1969.
In 1969 Hitachi New York, Ltd. was renamed Hitachi America, Ltd. to reflect the company's national sales scope.
In 1975 Hitachi America established the International Procurement Group in Tarrytown to buy United States goods.
Following 1975, when the company had its first disappointing fiscal year, sales and profits at Hitachi began to increase dramatically.
Since 1985, Hitachi's Foundation has made more than 500 grants in American communities.
In 1988, Hitachi America sales surpassed $1 billion.
In 1988, it formed a trend-setting venture with Texas Instruments to jointly develop a 16-megabyte dynamic random access memory (DRAM) chip.
The company established the Research and Development (R&D) Division in 1989 with the primary goal of creating new technology for Hitachi's businesses in North America.
The 1989 purchase of a controlling interest in National Advanced Systems (NAS), an American distributor of mainframe computers, helped shore up Hitachi's sales efforts in that important market.
In 1990, President Mita announced a reorganization that focused, in part, on transforming the conservative corporate culture that some observers blamed for Hitachi's declining earnings.
"hitachi america formed." television digest, 1 april 1996.
"hitachi announces broad new line of consumer electronics for 1996/97 season," 6 may 1996. available at http://www.hitachi.com/new/socs/960506.html.
ryan, ken. "hitachi dishing it out: to join dss fray by late summer." hfn the weekly newspaper for the home furnishing network, 27 may 1996.
In 1996 sales by the company's Home Electronics Division increased 20 percent, primarily due to sales of projection TVs.
In 1996 Hitachi America merged its computer, office automation, and field engineering divisions.
1997 annual report. tokyo, japan: hitachi, ltd., march 1997.
"hitachi pc teams with best buy consumer electronics stores," 2 september 1997. available at http://www.hitachipc.com/new/pressreleases/970902.html.
"hitachi america announces world's first double speed dvdrom drive," 4 october 1997. available at http://www.hitachi.com/new/docs/970923.html.
Per the annual report, Hitachi Ltd. also recorded $80.3 billion in total assets, $47.8 billion in total liabilities, gross profit of $18.3 billion, and $712 million in net income for 1997.
In 1997 Hitachi America announced the development of the world's first DVD-ROM drive for the notebook, desktop, and workstation markets.
Also in 2002, Hitachi reached an agreement with IBM on a new joint hard disk drive (HDD) company, Hitachi Global Storage Technologies, to operate in San Jose, Calif.
Hitachi initially owned 70 percent of the company but took full control in 2005, following structured payments over the intervening three years of about $2 billion for IBM’s HDD patents and associated manufacturing facilities in San Jose.
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Patriot Memory | 1985 | $22.8M | 2 | - |
| Infortrend | 1993 | $5.0M | 50 | - |
| ViewSonic | 1987 | $600.0M | 1,000 | - |
| World Micro | 1994 | $7.0M | 30 | - |
| Transition Networks | 1987 | $57.2M | 50 | - |
| 10ZiG Technology | 2003 | $39.0M | 20 | - |
| RADVISION | 1992 | $78.0M | 430 | - |
| D-Tools | 1998 | $1.6M | 30 | - |
| Ekahau | 2000 | $20.0M | 20 | - |
| Reptron Electronics | 1973 | $770.0M | 3,000 | - |
Zippia gives an in-depth look into the details of Hitachi Home Electronics, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Hitachi Home Electronics. The employee data is based on information from people who have self-reported their past or current employments at Hitachi Home Electronics. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Hitachi Home Electronics. The data presented on this page does not represent the view of Hitachi Home Electronics and its employees or that of Zippia.
Hitachi Home Electronics may also be known as or be related to Hitachi Home Electronics and Hitachi Home Electronics Amer.