With over 70 years of innovation under its belt , Sony has had many firsts over the years including : Japan ’ s first magnetic tape recorder in 1950 , the first commercially successful transistor radio in 1995 , the first commercial battery-powered portable TV in 1959 , the first video cassette recorder ( VCR ) in 1971 and the first commercial consumer grade camcorder in 1983 .

When it comes to innovation Akio Morita Co-Founder of Sony , offers three phases of wisdom : ‘ try innovation by elimination ’, ‘ Ignore the doubters , believe in yourself ’, and ‘ ignore focus groups and instead anticipate the needs of customers ’.

Over the past 30 years , Huawei has invested more than US $ 100bn in research and development , “ innovative activity is in the corporate DNA of Huawei ,” says David Harmon , Director EU Public Affairs , Huawei .

In 2019 , Huaweii outlined its future plans transitioning from Innovation 1.0 to Innovation 2.0 . “ In Innovation 1.0 , we have focused on technological and engineering innovations to meet customer needs . In Innovation 2.0 , we will focus on theoretical breakthroughs and inventions driven by our shared vision for the future ,” said William Xu , Director of the Board and the President of the Institute of Strategic Research at Huawei .

78 June 2021