Ericsson Television - History

History

Tandberg is a long standing Norwegian company whose history goes back to the 1930s when it supplied domestic radio equipment. It grew into other areas during the decades after WW2 including a well respected audio equipment manufacturer and its reel to reel tape recorders were sought after by HiFi enthusiasts.

The Kjelsas factory also started producing TV sets in 1960, and in 1966 a second TV plant was opened in Kjeller in Skedsmo. Color TV's were added to their lineup in 1969. In 1972, Tandberg purchased Radionette, another large Norwegian electronics firm that has just begun focusing on televisions. By 1976, TV's were Tandberg's major product and their factories employed 3,500. However, that same year a major economic downturn seriously disrupted the company, and by 1978 it was insolvent. A shareholder revolt removed Vebjorn Tandberg from control of the company, and he committed suicide in August. In December the company declared bankruptcy

Tandberg Television, originally with headquarters in Lillestrom near Oslo, Norway, was formed in 1979 when the original Tandberg company split into Tandberg, Tandberg Data, and Tandberg Television.

Read more about this topic:  Ericsson Television

Famous quotes containing the word history:

    “When we of the so-called better classes are scared as men were never scared in history at material ugliness and hardship; when we put off marriage until our house can be artistic, and quake at the thought of having a child without a bank-account and doomed to manual labor, it is time for thinking men to protest against so unmanly and irreligious a state of opinion.”
    —William James (1842–1910)

    “While the Republic has already acquired a history world-wide, America is still unsettled and unexplored. Like the English in New Holland, we live only on the shores of a continent even yet, and hardly know where the rivers come from which float our navy.”
    —Henry David Thoreau (1817–1862)

    “... in America ... children are instructed in the virtues of the system they live under, as though history had achieved a happy ending in American civics.”
    —Mary McCarthy (1912–1989)