Cnet Asia is reporting that Sony founder Akio Morita is credited with inventing the Walkman even though sony paid out royalties to a German inventor for the idea.
The biography of Sony founder Akio Morita credits him with the concept of the portable music player, a device better known to Sony customers around the world as the Walkman.
But the Japanese consumer electronics giant has just paid several million euros to a German inventor who patented the idea in 1977.
After more than 20 years of court battles, 59-year-old Andreas Pavel agreed to a settlement that, in return for the payment, suspends all legal procedures he had set in motion against the company, according to German weekly Der Spiegel, which obtained confirmation from Sony’s head office in Tokyo.
Read the full story at Cnet Asia and Silicon.com
