The Sony CDP-101 is the world's first commercially released compact disc player. The system was launched in Japan on October 1, 1982 at a list price of 168,000 yen (approx US$730).The Japan-only launch was partially because Philips, Sony's partner in the development of the CD format, was unable to meet the original agreed launch date. Rather than agree to a full postponement, Sony agreed to delay the launch of the format outside Japan by six months. The Philips CD100 launched in November 1982, although early Philips players contained some Sony components.In line with the agreement, the system was launched worldwide in March 1983.
Sony Group Corporation (ソニーグループ株式会社, Sonī Gurūpu kabushiki gaisha, SOH-nee), commonly known as Sony and stylized as SONY, is a Japanese multinational conglomerate corporation headquartered in Kōnan, Minato, Tokyo, Japan. As a major technology company, it operates as one of the world's largest manufacturers of consumer and professional electronic products, the largest video game console company and the largest video game publisher. Through Sony Entertainment Inc, it is one of the largest music companies (largest music publisher & second largest record label) and the third largest film studio, making it one of the most comprehensive media companies. It is the largest technology and media conglomerate in Japan. At the same period, it is also recognized as the most cash-rich Japanese company, with its net cash reserves of ¥2 trillion.Sony, with its 55 percent market share in the image sensor market, is the largest manufacturer of image sensors, the second largest camera manufacturer, and is among the semiconductor sales leaders. It is the world's largest player in the premium TV market for a television of at least 55 inches (140 centimeters) with a price higher than $2,500 as well as second largest TV brand by market share and, as of 2020, the third largest television manufacturer in the world by annual sales figures.Sony Group Corporation is the holding company of the Sony Group (ソニー・グループ, Sonī Gurūpu), which comprises Sony Corporation, Sony Semiconductor Solutions, Sony Entertainment (Sony Pictures, Sony Music), Sony Interactive Entertainment, Sony Financial Group, Sony Creative Products, and others.
The company's slogan is Be Moved. Their former slogans were The One and Only (1979–1982), It's a Sony (1981–2005), like.no.other (2005–2009), and make.believe (2009–2013).Sony has a weak tie to the Sumitomo Mitsui Financial Group (SMFG) corporate group, the successor to the Mitsui keiretsu. Sony is listed on the Tokyo Stock Exchange (in which it is a constituent of the Nikkei 225 and TOPIX Core30 indexes) with an additional listing in the form of American depositary receipts listed in the New York Stock Exchange (traded since 1970, making it the oldest Japanese company to be listed in an American exchange), and was ranked 88th on the 2021 Fortune Global 500 list.
1982Oct, 1
Sony launches the first consumer compact disc player (model CDP-101).
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Events on 1982
- 4May
Falklands War
Twenty sailors are killed when the British Type 42 destroyer HMS Sheffield is hit by an Argentinian Exocet missile during the Falklands War. - 25May
Falklands War
HMS Coventry is sunk during the Falklands War. - 6Jun
Operation Peace for the Galilee
The Lebanon War begins. Forces under Israeli Defense Minister Ariel Sharon invade southern Lebanon during Operation Peace for the Galilee, eventually reaching as far north as the capital Beirut. - 11Sep
1982 Invasion of Lebanon
The international forces that were guaranteeing the safety of Palestinian refugees following Israel's 1982 Invasion of Lebanon leave Beirut. Five days later, several thousand refugees are massacred in the Sabra and Shatila refugee camps by Phalange forces. - 14Oct
War on Drugs
U.S. President Ronald Reagan proclaims a War on Drugs.