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Interesting quirk her,. The
people who develop the first product and those that develop the broad based
application are not necessarily the same people.
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Ampex: In the 1950s before
anyone had succeeded in inventing a popular VTR
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RCA and Ampex in the US and
Toshiba in Japan were developing it. Ampex was first and took the
broadcasting market by storm. JVC Sony and Matshuishta sustained technical
effort until the mass market emerged in 1975.
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Sony introduced the Betamax
in 1975. JVC introduced VHS in 1976. By 1977 seven other Japanese firms were
making VCRs under license By mid 80s 30 million units annually.
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AMPEX failed to see the
broad market applications.
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