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File:RCA Electronics ( logo).svg | |
Company type | Public, subsidiary of GE |
---|---|
Founded | October 17, 1919 | as Radio Corporation of America. Name changed to RCA Corporation on May 9, 1969.
Headquarters | New York City, New York, U.S.[1] |
Key people | Owen Young, David Sarnoff, first general manager |
Products | Radios Semiconductors CDs Televisions DVDs Satellites Software Computer TV tuners |
Parent | GE |
Divisions | RCA Records NBC RCA/Columbia Pictures Home Video |
The RCA Corporation is a major American electronics company, which was founded as the Radio Corporation of America in 1919. It was initially a wholly owned subsidiary of General Electric (GE); however, in 1932 GE was required to divest its control as part of the settlement of an antitrust suit (this was later appealed in 1985).
At its height as an independent company RCA was the dominant communications firm in the United States. Beginning in the 1920s it was a major manufacturer of radio receivers, and also developed the first national radio network, the National Broadcasting Company (NBC). It had a leading role in the introduction of black-and-white television in the 1940s and 1950s, and color television in the 1950s and 1960s. During this time the company was closely identified with the leadership of David Sarnoff, who was general manager at its founding, became company president in 1930, and remained active, as chairman of the board, until the end of 1969.
In the 1970s RCA began to falter, suffering major loses in the mainframe computer industry and other failed projects such as the CED videodisc. In 1986 it was reacquired by General Electric, which over the next year was made into a subsidiary of GE. The RCA trademarks are currently owned by GE and Thomson, which in turn license the brand name to other companies including Voxx International, Curtis International, and TCL Corporation for their various products, besides providing radio and digital TVs to consumers.
- ^ "RCA (Radio Corporation of America)". IEEE Global History Network. IEEE. Retrieved 1 June 2017.