IEEE Honors Philips Electronics with Milestone Award for the Development of the CD
4 March – Before iPods and MP3s, the most cutting-edge technology for audio storage and playback was a compact disc (CD). IEEE, the world's largest technical professional society, announced today that it will be granting its prestigious IEEE Milestone Award to Royal Philips Electronics for its contribution to the development of the CD on 6 March2009. The award coincides with the 30th anniversary of the historic demonstration of the first CD prototype, codenamed “Pinkeltje” on 8 March 1979, as well as the 125th Anniversary of IEEE in 2009.
Despite the recession in the early 1980s, Philips and Sony invested and planned for the successful commercial introduction of the Compact Disc in 1982. The CD was the first ever digital mass consumer product to find its way into almost every consumer’s home. Since its introduction in 1982, over 3.5 billion audio CD players, 3 billion CD-ROM drives and an astonishing 240 billion CD discs have been sold.
Read the full press release. (PDF, 136 KB)