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introduced
portable radios were introduced -
Sony invented TC-D5
1978, Sony introduced TC-D5, a tape recorder credited to superb sound quality and which was very user-friendl -
Showed by sony
Walkman, the portable stereo cassette player brand introduced by Sony -
Release to the market
The Walkman was released into the market for the general public. -
Payed royalties
Finally six years later Sony agreed to pay royalties for every Walkman sold in Germany -
People are going crazy for walkmans
Walkman had become a craze and anyone and everyone was buying one -
Innovations
Walkman models were improvised and featured graphic equalizers, which improved the sound quality to a great extent -
Described as casseette player
The term Walkman entered into the Oxford dictionary and is a word to describe a cassette player! -
Popular
Marked the beginning of the farewell for the popular Walkman. -
Not reconize for Inventing
Andreas was not satisfied and he initiated another series of lawsuits -
Money
This figure reached 100 million -
Even more money
150 million -
Threat posted to get his money
Andreas threatened to file infringement lawsuits in all the countries where he had filed for patents -
Gave Andreas his rights and money
Sony finally agreed to resort to an out-of-court settlement with Andreas and signed a confidential contract