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owl [soylentnews.org] writes:

Imagine if your boss called a meeting in May to announce that he’s committing 10 percent of the company’s revenue to the development of a brand-new mass-market consumer product, made with a not-yet-ready-for-mass-production component. Oh, and he wants it on store shelves in less than six months, in time for the holiday shopping season. Ambitious, yes. Kind of nuts, also yes.

But that’s pretty much what Pat Haggerty, vice president of Texas Instruments, did in 1954. The result was the Regency TR-1, the world’s first commercial transistor radio, which debuted 70 years ago this month. The engineers delivered on Haggerty’s audacious goal, and I certainly hope they received a substantial year-end bonus.

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