Transistors

There are numerous claimants to the title of the first company to produce practical transistor radios, often incorrectly attributed to Sony (originally Tokyo Tsushin Kogyo). Texas Instruments had demonstrated all-transistor AM (amplitude modulation) radios as early as 1952, but their performance was well below that of equivalent vacuum tube models. A workable all-transistor radio was demonstrated in August 1953 at the Düsseldorf Radio Fair by the German firm Intermetall. It was built with four of Intermetall's hand-made transistors, based upon the 1948 invention of Herbert Mataré and Heinrich Welker. However, as with the early Texas units (and others) only prototypes were ever built; it was never put into commercial production.
Texas Instruments was behind the Regency transistor radio. In May 1954, they had designed and built a prototype and were looking for an established radio manufacturer to develop and market a radio using their transistors. None of the major radio makers were interested.
The Regency TR-1, announced on October 18, 1954 by the Regency Division of I.D.E.A (Industrial Development Engineering Associates of Indianapolis, Indiana) and put on sale in November 1954 was the first practical transistor radio made in any significant numbers.Raytheon and Zenith Electronics transistor radios soon followed and were priced even higher. Even the first Japanese imports (in 1957) were priced at $30 and above. Transistor radios did not achieve mass popularity until the early 1960s when prices of some models fell below $20 ($140 in 2009 USD), then below $10 as markets became flooded with radios from Hong Kong by the mid to late 1960s.
RCA had demonstrated a prototype transistor radio as early as 1952 and it is likely that they and the other radio makers were planning transistor radios of their own. But Texas Instruments and Regency were the first to put forth a production model. Sony, at the time still a small company named Tokyo Tsushin Kogyo, Ltd., (aka "Totsuko"), followed soon after introducing their own five-transistor radio, the TR-55, in August 1955, under the new brand name Sony. With its release, Sony also became the first company to manufacture a radio from the transistors on up, and to utilize all miniature components.