FUNAI
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| Public | |
| Traded as | : |
| Founded | 1961 |
| Founder | Tetsuro Funai |
| Headquarters | Daitō, Osaka, Japan |
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Key people
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Tetsuhiro Maeda(CEO) |
| Revenue | ¥246,100 million (2012) |
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Number of employees
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2,861 (2011) |
| Website | www |
Funai Electric Company, Limited (船井電機株式会社 Funai Denki Kabushiki Kaisha?) is a Japanese consumer electronics company headquartered in Daitō, Osaka, Japan. Its United States-based subsidiary Funai Corporation, Inc., based in Torrance, California, markets Funai products in the US along with Funai-licensed brands including Magnavox, Emerson Radio, and Sanyo.
Funai is the main supplier of electronics to Walmart and Sam's Club stores, with production quantities easily topping 2 million flat-panel televisions during the summertime per year for Black Friday sale, which all 2 million units easily sold-out within few minutes. Funai is the OEM providing assembled televisions and video players/recorders to major corporations such as Sharp, Toshiba, Denon, and others. Funai also manufactures printers for Dell and Lexmark and produces printers under the Kodak name.
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 self-made billionaire, and the first actual products produced were the transistor radios.
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Wikipedia