Max Grundig

German engineer (1908–1989) Grundig in 1970 Max Grundig (German pronunciation: [maks ˈɡʁʊndɪç]; 7 May 1908 – 8 December 1989) was the German founder of electronics company Grundig AG. Early life Grundig was raised by his parents in Nuremberg where he delayed his final school exams (Abitur) and completed training as an electrician. Grundig's father died when he was 12 and his mother had to support her five children on a factory wage. Young Grundig started his working life as a plumber's apprentice. Career In 1930, Grundig and a colleague opened a store selling radios under the name Fürth, Grundig & Wurzer (RVF), generating one million Reichsmark in sales by 1938. After World War II, business expanded with a successful range of consumer electronics. In 1972, the company became a corporation and was sold to Philips in 1984. His company was one of the first to produce FM radios, cutting out static interference for clearer reception. In 1952, it was one of the first European companies to start producing television sets. Grundig built his company up after World War II to become a market leader in home entertainment products and a symbol of West Germany's Wirtschaftswunder. It