is a Japanese
Consumer electronics or home electronics are electronic ( analog or digital) equipment intended for everyday use, typically in private homes. Consumer electronics include devices used for entertainment, communications and recreation. Usually ...
company headquartered in Daitō
is a designated city in the Kansai region of Honshu in Japan. It is the capital of and most populous city in Osaka Prefecture, and the third most populous city in Japan, following Special wards of Tokyo and Yokohama. With a population of ...
. Apart from producing its own branded electronic products, it is also an
An original equipment manufacturer (OEM) is generally perceived as a company that produces non-aftermarket parts and equipment that may be marketed by another manufacturer. It is a common industry term recognized and used by many professional or ...
Television, sometimes shortened to TV, is a telecommunication medium for transmitting moving images and sound. The term can refer to a television set, or the medium of television transmission. Television is a mass medium for advertising, ...
s and video players/recorders to major corporations such as Sharp
, commonly known as Toshiba and stylized as TOSHIBA, is a Japanese multinational conglomerate corporation headquartered in Minato, Tokyo, Japan. Its diversified products and services include power, industrial and social infrastructure system ...
, and others. Funai supplies
Inkjet printing is a type of computer printing that recreates a digital image by propelling droplets of ink onto paper and plastic substrates. Inkjet printers were the most commonly used type of printer in 2008, and range from small inexpens ...
hardware technology to
Dell is an American based technology company. It develops, sells, repairs, and supports computers and related products and services. Dell is owned by its parent company, Dell Technologies.
Dell sells personal computers (PCs), servers, data s ...
Lexmark International, Inc. is a privately held American company that manufactures laser printers and imaging products. The company is headquartered in Lexington, Kentucky. Since 2016 it has been jointly owned by a consortium of three multination ...
, and produces printers under the Kodak
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
, Emerson Radio
, stylized as SANYO, is a Japanese electronics company and formerly a member of the ''Fortune'' Global 500 whose headquarters was located in Moriguchi, Osaka prefecture, Japan. Sanyo had over 230 subsidiaries and affiliates, and was founded b ...
. Funai is the main supplier of electronics to
Walmart Inc. (; formerly Wal-Mart Stores, Inc.) is an American multinational retail corporation that operates a chain of hypermarkets (also called supercenters), discount department stores, and grocery stores from the United States, headquarte ...
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
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
Compact Video Cassette (CVC) was one of the first analog recording videocassette formats to use a tape smaller than its earlier predecessors of VHS and Betamax, and was developed by Funai Electronics of Japan for portable use. The first model ...
(CVC) format in the same year, a joint development with
Technicolor is a series of Color motion picture film, color motion picture processes, the first version dating back to 1916, and followed by improved versions over several decades.
Definitive Technicolor movies using three black and white films ...
, trying to compete with VHS
. 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
An interactive film is a video game or other interactive media that has characteristics of a cinematic film. In the video game industry, the term refers to a movie game, a video game that presents its gameplay in a cinematic, scripted manner ...
, ''Interstellar'', at Tokyo's Amusement Machine Show
(AM Show) in September 1983.
It demonstrated the use of
Pre-rendering is the process in which video footage is not rendered in real-time by the hardware that is outputting or playing back the video. Instead, the video is a recording of footage that was previously rendered on different equipment (typic ... 3D computer graphics
3D computer graphics, or “3D graphics,” sometimes called CGI, 3D-CGI or three-dimensional computer graphics are graphics that use a three-dimensional representation of geometric data (often Cartesian) that is stored in the computer for ...
The game made its North American debut at the Amusement & Music Operators Association (AMOA) show in October 1983.
Funai began to see rising sales of the VHS
format, so in 1984, Funai released its first VHS video cassette player (VP-1000) for the worldwide market, while ordering all transport chassis mechanisms from Shintom
for quick and efficient production. VHS format quickly became more popular and won the war against Beta format, due to Funai's unique on-time delivery for supplying rental VHS players for the porn-film industry and viewers. By 1990, Funai became the largest 2-head mono VHS
video cassette recorder
A videocassette recorder (VCR) or video recorder is an electromechanical device that records analog audio and analog video from broadcast television or other source on a removable, magnetic tape videocassette, and can play back the recording ...
(VCR) manufacturer in Japan.
In 1991, a U.S. sales subsidiary was established in New Jersey, and it began to sell
cathode ray tube
A cathode-ray tube (CRT) is a vacuum tube containing one or more electron guns, which emit electron beams that are manipulated to display images on a phosphorescent screen. The images may represent electrical waveforms ( oscilloscope), pic ...
(CRT) televisions. In 1992, Funai canceled its contract from Shintom
, due to the rising cost of VCR chassis mechanism and the expensive Japanese labor, and decided to build its own lower-cost chassis mechanism instead overseas. This creative move dramatically boosted up profits and reduced VCR prices down fast. Funai developed a new, permanent strategy in 1993 by opening two new state-of-the-art factories in China, which transferred all VHS VCRs production out from Japan. By 1997, Funai became the first manufacturer to sell a new VHS VCR below $100 for the North American market, while the Philips Magnavox brand they produced for was the best-seller. Quickly, Tetsuro Funai, the founder, became Japan's first US dollar billionaire electronic CEO. Later, the DVD
technology was formed, and by 2001, Funai sold its first DVD player for less than $100. By then, Funai's U.S. subsidiary had relocated to Torrance, California. Today, Funai is one of the world's largest producers of DVD players, and is now one of the major suppliers of electronics to Wal-Mart on Black Friday
In 2008, CEO and founder Tetsuro Funai retired and stepped down from CEO to become chairman. Philips signed a seven-year contract with Funai to license, sell, and distribute Philips
- and Magnavox
-branded televisions in
North America is a continent in the Northern Hemisphere and almost entirely within the Western Hemisphere. It is bordered to the north by the Arctic Ocean, to the east by the Atlantic Ocean, to the southeast by South America and the C ...
In 2013, Funai acquired the option to buy the rest of Philips' consumer electronics operations and a license to globally market Philips branded consumer electronics.
But that purchase was terminated by Philips because of what Philips saw as breach of contract.
Funai has made inkjet hardware for Lexmark International, Inc
In August 2012, Lexmark announced that it would be ceasing production of its inkjet printer line. In April 2013, Funai announced that it had signed an agreement to acquire Lexmark's inkjet-related technology and assets for approximately $100 million (approximately ¥
Funai acquired more than 1,500 inkjet patents, Lexmark's inkjet-related research and development assets and tools, all outstanding shares and the manufacturing facility of Lexmark International (Philippines), Inc., and other inkjet-related technologies and assets. Through this transaction, Funai acquired the capabilities to develop, manufacture and sell inkjet hardware as well as inkjet supplies.
The decline of VHS
videotape began with the introduction to market of the DVD
format in 1997.
Funai continued to manufacture VHS tape recorders into the early part of the 21st century, mostly under the Emerson, Magnavox, and Sanyo brands in China and North America. In July 2016, Funai ceased production of VHS equipment, the last known company in the world to do so, after poor sales of its last VCR/DVD player combos.
* TP Vision
acquired Philips branded TVs in some countries.
Funai Corporation USA
Companies based in Osaka Prefecture
Electronics companies established in 1961
Computer printer companies
Consumer electronics brands
Display technology companies
Electronics companies of Japan
Companies listed on the Tokyo Stock Exchange
1961 establishments in Japan