Aiwa

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Template:Short description Template:Use mdy dates Template:Infobox Brand Aiwa (Template:Respell, stylised aiwa) is a Japanese consumer electronics brand of Aiwa Co. Ltd., a subsidiary of Towada Audio holdings. The current company was established in 2017 and creates mainly audio products; the brand is also licensed to or owned by other companies in different regions of the world, producing various electronics.<ref name="bra">Template:Cite web</ref>

The original Aiwa company was founded in 1951 and was one of the leading creators of audio products such as speakers, boomboxes and stereo systems.<ref>Template:Cite web</ref> After stagnating in the latter half of the 1990s, Aiwa was merged into Sony in 2002 and then unsuccessfully relaunched as a low-cost brand until discontinuation by 2008. Aiwa was relaunched as an independent company in Japan in 2017 by Towada, two years after it was first revived by an American firm.

Name and logo history

In Japanese the Aiwa name is a combination of 愛 (ai) and 環 (wa), roughly meaning "circle of love".

Original Aiwa company (1951-2002)

Template:Infobox company The company was founded on June 20, 1951, as AIKO Denki Sangyo Co., Ltd., manufacturing microphones, and changed its name to Template:Nihongo, on March 10, 1959.<ref>Template:Cite web</ref> The founder Mitsuo Ikejiri served as president until 1969Template:Citation needed when Sony purchased a majority share in Aiwa.<ref>Template:Cite web</ref> By 1982, the electronics giant had a 54.6% stake in the company, effectively giving it a majority control.<ref>Template:Cite news</ref> Aiwa was listed on the Tokyo Stock Exchange from October 1961 until September 2002.

The company was a leading manufacturer of audio products, including headphone stereos, mini-component stereo systems, portable stereo systems, minidisc players, CD and cassette players, and car stereo systems throughout the 1970s, 1980s, and 1990s.<ref>Template:Cite web</ref><ref>Template:Cite web</ref> Despite not having the brand recognition of Sony, Aiwa products were popular due to their more affordable cost, while still providing good quality.<ref name=":0">Template:Cite web</ref><ref>Template:Cite web</ref>

File:Vintage Aiwa 10-Transistor Two-Band (AM-FM) Radio, Model AR-127. Made In Japan, Circa 1964 (12887691514).jpg
Dual band transistor radio by Aiwa, circa 1964

Aiwa created the first Japanese cassette tape recorder in 1964.<ref>Template:Cite web</ref> Aiwa marketed Japan's first boombox, the TPR-101, in 1968, as well as the first cassette deck, TP-1009. In 1980, Aiwa created the world's first personal stereo recorder, TP-S30 (marketed as CassetteBoy in Japan). Despite Sony being the major shareholder, healthy competition between the two brands was believed to be profitable.<ref>Template:Cite web</ref> It had also released the first cassette deck with Dolby C in its home country.<ref name=":0" /> In 1990, Aiwa created the HP-J7 earbuds, designed to be vertically inserted into the ear. In 1993, the first CD+G-compatible portable CD player, the XP-80G, was made.Template:Citation needed

Aiwa home audio products incorporating BBE signal-processing technology were launched in about 1989, after the company signed a licensing deal with BBE Sound.<ref>Template:Cite web</ref> Also around this time, some Aiwa products were briefly being sold in Japan under the Excelia and Strasser sub-brands.<ref>Template:Cite web</ref>

File:AIWA HS-P05 Mk II 2.jpg
Mid-1980s AIWA HS-P05 Mk II audio cassette player

With growing competition throughout the late 1990s from cheaper Asian manufacturers, and shrinking demand for its products, the company slid towards bankruptcy.<ref>Template:Cite web</ref> In March 2001, the company's president, Masayoshi Morimoto, announced a major restructuring, including the halving of its workforce, following a second consecutive loss–making year. It also announced the closure of all but one of its manufacturing plants, including all in its home country.<ref>Template:Cite web</ref>

Other products

Template:More citations needed section Apart from audio products, Aiwa also has been present in other industries. The company also made and sold video products such as VCRs, color televisions, DVD players, and digital satellite television tuners. Aiwa was also involved in the production of computer peripheral devices, such as modems, terminal adapters, and speakers, and what the company termed "life amenity products," such as air cleaners and humidifiers. In 1995, it released a PHS mobile phone, called the PT-H50, which was made for the DDI Pocket network in Japan.<ref>Template:Cite web</ref> That same year, an electric toothbrush, the HA-C10, was released.Template:Citation needed

Sales and manufacturing

File:AIWA F810.jpg
Aiwa F810 cassette deck, circa 1991/2

Nearly 86 percent of company revenues were derived from such audio products. 12 percent came from products such as televisions and VCRs, and the remaining two percent from computer peripherals and other life products.Template:Citation needed

Aiwa manufactured more than 89 percent of its output outside Japan, with a heavy emphasis on the lower-cost southeast Asian nations of Singapore, Malaysia, and Indonesia. The company was also heavily dependent on overseas sales, with more than 80 percent of total revenues being generated outside Japan, with 43 percent in North and South America, 25 percent in Europe, and 13 percent in areas of Asia outside Japan and in other regions.Template:Citation needed

Acquisition by Sony

Financially-troubled Aiwa was fully purchased by the Sony Corporation,<ref>Template:Cite web</ref> becoming a wholly owned subsidiary effective as of December 1, 2002.<ref>Template:Cite web</ref><ref>Template:Cite web</ref> On January 8, 2003,<ref name="rebrand">Template:Cite web</ref> Sony announced the rebranding and relaunch of Aiwa as a "youth focused, PC-centric" electronics brand.<ref>Template:Cite news</ref> A new logo was presented to the world's media along with a statement of Sony's intention to invest in and "revitalize" the Aiwa brand. The direction proposed was to capitalize on the growing trend among personal-computer-literate teenagers and young adults to use their PCs for all forms of entertainment (television, films, music, chat).Template:Citation needed It was also used to expand in markets where Sony is not as strong.<ref>Template:Cite web</ref>

File:Aiwa XR-FD55.jpg
Aiwa XR-FD55 CD and MD micro system, c. 2002

Aiwa introduced its first digital audio players at CES 2004, including both flash players and a 2GB hard disk player. They notably supported MP3 format while Sony's own branded players only played ATRAC.<ref>Template:Cite web</ref> Aiwa's portable CD players were equipped with a so-called E.A.S.S. G.P. (Electronic Anti-Shock System) feature with the aim of allowing smooth, skip-free Audio CD playback despite damaged media and external shaking.<ref name="ZV610">Template:Citation</ref>

However the new direction of Aiwa under Sony did not meet consumer and sales expectations. On January 21, 2005, new product development ended, and by 2007, Aiwa products were discontinued and no longer sold in the market outside its home market. Sony announced the termination of the brand entirely on May 14, 2008<ref>Template:Cite web</ref><ref>Template:Cite web</ref> but continued to provide support for existing products.

Revival of Aiwa

Aiwa returned as a brand in 2015 and has since been used by various companies globally. It is mostly owned by Towada Audio since 2017.

Aiwa Corp (Chicago) and Sakar International

An American audio company known as Hale Devices, Inc. were granted the rights to the brand name from Sony in the US market and abroad. The Chicago based company, which was headed by Joe Born,<ref>Template:Cite web</ref> also then renamed itself to Aiwa Corporation.<ref name="auto">Template:Cite web</ref> In April 2015 it launched its first Aiwa product, the Exos-9 speaker.<ref name="auto"/> The company launched a number of Aiwa branded products in the following years, including the Prodigy and Arc-1 headphones.

File:Photo of Aiwa Exos-9 Speaker.jpg
Aiwa Exos-9 Bluetooth speaker, 2015

In September 2020, Aiwa Corporation and Aiwa Co., Ltd. of Japan announced that their businesses had unified, with a vision to rebuild Aiwa as a single global brand.<ref>Template:Cite web</ref> The two companies had previously fought court cases over Aiwa trademarks in Illinois<ref>Court document justia.com</ref> as well as in the United Kingdom and Ireland.<ref>Template:Citation</ref>

It was reported in August 2021 that Aiwa Corporation filed for Chapter 11 bankruptcy.<ref>Template:Cite web</ref><ref>Template:Cite web</ref> Following bankruptcy proceedings, the assets were sold to a new company (Aiwa Acquisitions LLC) affiliated with Sakar International, Inc. in November 2021,<ref>Template:Cite web</ref>Template:Clarify with Sakar being a licensee to Infinity Lifestyle Brands, thus making Aiwa a sister brand of Altec Lansing in the North American market.Template:Clarify This new Aiwa showcased a number of new products at the Consumer Electronics Show 2023.<ref>Template:Cite web</ref>

Aiwa Co., Ltd. (2017–Present)

On April 11, 2017, Towada Audio, a contract manufacturer of Sony radios, acquired the Aiwa brand rights from Sony (globally, except the Americas)<ref>Template:Cite web</ref><ref>Template:Cite web</ref> and created a subsidiary called Aiwa Co. Ltd. like the original Aiwa, with its director Kazuomi Nakamura being someone who joined the original Aiwa in 1989. The news of the Aiwa brand's revival was met highly positively in Japan, which showed its brand recognition.<ref>Template:Cite web</ref>

The company launched the first Aiwa products at the end of the year, including radio cassette players, LCD televisions and record players.<ref>Template:Cite web</ref><ref>Template:Cite web</ref> For global expansion, it established Aiwa Electronics International Co., Ltd., headquartered in Taipei, Taiwan. Towada Audio also appointed Gando Holding as the official Middle East representative, including Iran.<ref>Template:Cite web</ref> From a public statement released by Aiwa Co., Ltd (Tokyo, Japan), "Aiwa Corporation (Chicago, USA) are in not in any way related to us, Aiwa Co., Ltd (Tokyo, Japan) or Aiwa Japan since 1951 to date".Template:Sfn

In 2020, Aiwa launched the HPB-SW40 ("ButterflyAudio") through crowdsourcing in Japan, a wearable headphone with a unique design that sits on the shoulders.<ref>Template:Cite web</ref> Also in 2020 it launched a record player style Bluetooth speaker and radio (SB-LFS30), a radio cassette recorder (TR-A30) and pocket analogue radio (AR-AP35).

Aiwa Vietnam was formed in 2020 and debuted with the release of smart TVs in the country.<ref>Template:Cite web</ref><ref>Template:Cite web</ref> In 2021, Aiwa partnered with 5,000 retailers in India to relaunch in the country.<ref>Template:Cite web</ref> Aiwa India launched a new series of smart TVs, the Magnifiq series, in July 2022.<ref>Template:Cite web</ref> The regional headquarters of Aiwa in India, which serves the South Asia region, is currently headed by Ajay Mehta.<ref>Template:Cite web</ref>

Other Aiwa companies

Latin America

In Mexico and other countries in Latin America, the Aiwa rights are owned by Audio Mobile Americas, S.A. based in Panama which relaunched the brand in 2017. This company sells products such as smart TVs, headphones, speakers and others.<ref>Template:Cite press release</ref>

Brazil

The Aiwa brand relaunched in Brazil in 2022 after being licensed by MK Group, owner of Mondial. It started with producing new televisions at a former Sony manufacturing plant in Manaus.<ref name="bra"/><ref>Template:Cite web</ref>

Aiwa Digital

In June 2022, Aiwa Co., Ltd. announced that it granted the use of its trademark in the digital field to a Japanese contract manufacturer named JENESIS.<ref>Template:Cite web</ref> JENESIS then announced its first smartphone, tablet and smartwatch products under its aiwa digital series. It also sells musical instruments.<ref>Template:Cite web</ref> New subsidiary Aiwa Marketing Japan Co., Ltd. (joint venture with Aiwa Co., Ltd.) was established in 2023.<ref>Template:Cite web</ref>

Aiwa Home

Since 2023, the New Jersey, USA based company Xtreme Connected Home, a part of JEM Accessories, has licensed the Aiwa brand from its North American owner and released home and kitchen appliances domestically.<ref>Template:Cite press release</ref>

Iran

In Iran, Aiwa products are officially distributed by Gando Holding through its subsidiary Gando Service. The company operates the official Aiwa Iran website (iranaiwa.com) and provides after-sales service and distribution nationwide.<ref>https://iranaiwa.com/</ref><ref>https://gandoservice.com/</ref><ref>https://gandoservice.com/%d9%85%d8%b9%d8%b1%d9%81%db%8c-%da%af%d8%a7%d9%86%d8%af%d9%88-%d8%b3%d8%b1%d9%88%db%8c%d8%b3/</ref>

See also

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References

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