Transistor radio
The transistor radio is a small radio receiver. RCA established a prototype transistor radio in 1952. The first profitable transistor radio, the Regency TR-1, was announced on October 18, 1954 by the Regency Division of Industrial Development Engineering Associates of Indianapolis, Indiana and put on sale in November of 1954. It cost $49.95 (the equivalent of $361 in year-2005 dollars) and sold approximately 100,000 units.
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