was established in 1961 in Osaka
, Japan. Funai in Japan is engaged in the development, manufacture, marketing, and distribution of information and communication equipment such as Internet access terminals, computer peripherals, audio-visual devices, televisions, VCRs, DVD players, and home electrical appliances. Funai is currently the main supplier of TVs and DVD players to Wal-Mart
stores for "Black Friday
" sales, the day after Thanksgiving
. It has recently begun to be the supplier for TVs manufactured under Walmart's house brand, Durabrand
. In fact, sales to Wal-Mart now account for 30% of the company's net income.
Funai has established a worldwide production structure, which includes bases in Japan, Germany, Malaysia, China, and Mexico.
Funai manufactures products under the Emerson, Sylvania, and Symphonic brands. Funai also makes a few products for Hitachi, for Walmart under the iLo and SV2000 brands, for Best Buy under the Insignia brand, for Meijer under the GFM brand, for Circuit City, Magnavox, Mitsubishi, Philips, and Sharp. Funai also manufactures most DVD players for Denon, digital cameras for Eastman Kodak, and computer printers for Dell and Lexmark.