![]() It emerged that ownership of Akai Holdings had somehow passed in 1999 to Grande Holdings, a company founded by Akai's chairman James Ting. The company filed for insolvency in November 2000, owing creditors US$1.1B. At its peak in the late 1990s, Akai Holdings employed 100,000 workers and had annual sales of HK$40 billion (US$5.2 billion). The company's business eventually became discombobulated and it left the audio industry in 1991. ![]() ( 赤井電機株式会社, Akai Denki Kabushiki Gaisha), a Japanese manufacturer in 1929 or 1946. The " Akai Professional" electronic instrument division was spun off in 1999 and remains under separate ownership from that of the main "Akai" brand.Īkai was founded by Masukichi Akai and his son, Saburo Akai (who died in 1973 ) as Akai Electric Company Ltd. It was founded as Akai Electric Company Ltd in Tokyo, Japan, in 1946.įollowing the controversial collapse of the original business in 2000, the Akai brand is now owned by Grande Holdings in Hong Kong which distributes various electronic products such as LED TV, washing machines, clothes dryers, air conditioners and smart phones, through collaborations with other electronics companies bearing relevant expertise. JSTOR ( May 2007) ( Learn how and when to remove this template message)Īs Akai Electric Company Ltd, Tokyo, JapanĪkai ( Japanese: 赤井, pronounced ) is a Hong Kong manufacturer of consumer electronics.Unsourced material may be challenged and removed. Please help improve this article by adding citations to reliable sources. This article needs additional citations for verification.
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