Casio Sells One Billionth Electronic Calculator - Long History of Contribution to the Development of the Electronics Industry and Mathematics Education.Tokyo Tokyo (tō`kēō), city (1990 pop. 8,163,573), capital of Japan and of Tokyo prefecture, E central Honshu, at the head of Tokyo Bay. , Japan, Jan 10, 2007 - (JCN JCN Japan Corporate News JCN Journal of Cognitive Neuroscience JCN Journal of Cardiovascular Nursing JCN Journal of Christian Nursing JCN Job Control Number JCN Journal of Child Neurology JCN joint communications network (US DoD) Newswire) - Casio
TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). : 6952) announced today that its total worldwide sales of electronic calculators passed the one billion mark at the end of December December: see month. 2006. The company's first electronic calculator calculator or calculating machine, device for performing numerical computations; it may be mechanical, electromechanical, or electronic. The electronic computer is also a calculator but performs other functions as well. , the 001, went on sale in 1965. "The fact that we have been able to sell one billion calculators is a sign of the confidence that consumers around the world place in Casio products, and I would like to express my sincere appreciation for this support," said Kazuo Kazuo is a Japanese given name for males. See Japanese name. Alternate writings Its has several written forms, and the meaning depends on the characters used (usually kanji, but sometimes hiragana). Kashio, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Casio Computer Co., Ltd. "Using the technology and experience we gained through calculator development, Casio has grown beyond calculators into new markets for watches, electronic dictionaries Noun 1. electronic dictionary - a machine-readable version of a standard dictionary; organized alphabetically machine readable dictionary, MRD lexical database - a database of information about words , digital cameras, and mobile phones. Today, as our way of contributing to society, we continue to create innovative products and technology that makes life more enjoyable." In the course of reaching this milestone, Casio contributed to the development of the electronics industry by creating great demand for LSI LSI: see integrated circuit. (Large Scale Integration) Between 3,000 and 100,000 transistors on a chip. See SSI, MSI, VLSI and ULSI. chips, a key component of electronic calculators, as well as to education in mathematics through the development of scientific calculators. Casio calculators are now used in many countries worldwide. A Record of Creative Development Casio Computer Co., Ltd., was established in 1957 with the successful development of the world's first fully electric compact relay calculator, the Casio 14-A, which used electric relays in place of the mechanical gears which were the norm at the time. In the fifty years since then, Casio has remained at the forefront of calculator development. Building on the technology developed to create the 14-A, Casio launched the 001 in 1965, the world's first electronic calculator with a memory function. In 1972, the company created the world's first personal calculator, the Casio Mini. Subsequently, Casio launched the first scientific calculator to incorporate a graphing function, in 1985. A Record of Contribution Casio has persistently made useful contributions to society by developing new calculators. 1972's Casio Mini made calculators affordable and accessible to individual consumers for the first time, and the scientific calculator, another Casio first, is now an indispensable tool in classrooms all over the world. People in over 120 countries now use Casio calculators. The great demand for LSI chips for use in calculators was driven by Casio and has also spurred the development of higher density LSIs contributing greatly to the overall development of the semiconductor and electronics industries. Casio's 14-A relay calculator is on display at the National Science Museum in Japan, as a key product in the history of the development of the calculator. A 0.8-mm card calculator, the SL-800, has been preserved for all time at the Museum of Modern Art in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of as an item possessing both a superior design and practicality that should be passed on to future generations. An example of the fx-7000G, an early handheld graphing calculator Graphing Calculator may refer to:
The Road to One Billion Calculators - From the relay calculator to the electronic calculator Launched in 1957, Casio's 14-A calculator was a revolutionary new device using 342 electric relays that solved addition, subtraction subtraction, fundamental operation of arithmetic; the inverse of addition. If a and b are real numbers (see number), then the number a−b is that number (called the difference) which when added to b (the subtractor) equals , multiplication multiplication, fundamental operation in arithmetic and algebra. Multiplication by a whole number can be interpreted as successive addition. For example, a number N multiplied by 3 is N + N + N. , and division problems up to 14 digits. In September 1965, Casio released the 001, the world's first electronic calculator with a memory function. The following year, Casio commenced exports to the United States and Europe, taking its first step as a manufacturer for the global market. Casio calculators were well received around the world, and total production reached the 100,000 mark by 1969. - Casio Mini creates demand among individual users In the latter half of the 1960s, there was a surge in the number of new manufacturers entering the calculator market. At its peak there were more than 50 manufacturers competing with each other, and the phrase "calculator wars" was coined. The competition, however, was confined con·fine v. con·fined, con·fin·ing, con·fines v.tr. 1. To keep within bounds; restrict: Please confine your remarks to the issues at hand. See Synonyms at limit. to the limited market for calculators used in the office. In August 1972, Casio released the Casio Mini, which was sold for the then-revolutionary price of only 12,800 yen, in order to be affordable to the general public. The Casio Mini was a huge hit selling 1 million units in ten months. - Card-sized calculator ends competition for smaller and thinner products With the huge popularity of the Casio Mini, Casio's cumulative sales of calculators reached the one million-unit mark in 1972, and skyrocketed to two million that very same year. Casio's worldwide calculator sales reached 10 million in 1974. This was the turning point - from here on price competition among calculator makers reached a climax Climax Following a protracted period of selling or buying, a point wherein market trends are retarded or discontinued. Notes: At a selling climax, the market is characterized by a trend reversal whereby the market begins to buy stocks and prices rise. , with one company after another withdrawing from the market. Next, the market saw fierce competition to develop smaller and thinner products. In 1983, Casio developed the SL-800, which at 0.8 mm was as thin as a credit card. This put an end to the "smaller and thinner" race. The total number of all calculators sold by Casio reached 100 million units in 1980. - Casio calculators continue to improve After Casio achieved the ultimate in thinness with the SL-800, changes in product trends led to a focus on functionality. In 1985, Casio developed the fx-7000G, the first scientific calculator to incorporate a graphing function. In 2004, the company developed a scientific calculator capable of displaying fractions, square roots, and other symbols as they are shown in textbooks. Casio continues to produce innovative products to this day and as of December 31, 2006, Casio had sold one billion calculators. Milestones 1957 -- Launch of the 14-A, the world's first fully electric compact relay calculator - On display at the National Science Museum in Japan 1965 -- Began sales of electronic calculators; Launch of the 001, the world's first electronic calculator with memory function* 1969 -- Casio's total global calculator sales reach 100,000 1972 -- Casio Mini, the world's first personal calculator, is launched; Casio's total global sales of calculators pass the 1 million and then 2 million marks* 1974 -- Casio's total global calculator sales reach 10 million 1976 -- Launch of the Denkuro, combination calculator with clock function* 1980 - Casio's total global calculator sales reach 100 million 1983 -- Launch of the SL-800, a 0.8-mm thin credit card size calculator Archived at the Museum of Modern Art, New York* 1985 - Launch of the fx-7000G, the world's first graphing scientific calculator Archived at the Smithsonian's National Museum of American History, Washington, D.C.* 2004 -- Launch of the fx-82ES, the first scientific calculator with natural mathematic display 2005 -- Launch of the fx-9860G scientific calculator featuring graphing and natural mathematical display 2006 -- Casio's total global sales reach 1 billion calculators *Registered as important historical materials in Japanese industrial technology by the National Science Museum in Japan (archived at Casio Computer Co., Ltd.) About Casio Computer Co., Ltd. Casio Computer Co., Ltd., is one of the world's leading manufacturers of consumer electronics products and business equipment solutions. Since its establishment in 1957, Casio has been dedicated to the creation of innovative and imaginative products incorporating both originality o·rig·i·nal·i·ty n. pl. o·rig·i·nal·i·ties 1. The quality of being original. 2. The capacity to act or think independently. 3. Something original. Noun 1. and advanced technology. Today, Casio's offerings include timepieces, digital cameras, cellular phones, electronic dictionaries, calculators, musical instruments, system equipment, and electronic components such as LCDs. The CASIO group employs more than 10,000 people worldwide with net sales Net Sales The amount a seller receives from the buyer after costs associated with the sale are deducted. Notes: This amount is calculated by subtracting the following items from gross sales: merchandise returned for credit, allowances for damaged or missing goods, freight in excess of 570 billion yen in the fiscal year ended March 2006. For more information, please visit www.world.casio.com. Source: Casio Computer Co., Ltd. Contact: Casio Computer Corporate Communications +81-3-5334-4111 Copyright [c] 2007 JCN Newswire. All rights reserved. A division of Japan Corporate News Network K.K. |
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