AKAI Ferrum Chrome - C90 - US (~1979)
Unusual Ferro-Chrome cassette made in the US, made for the NA market.
A rare find with very limited stock and at a great price. If you ever wanted to try a Ferro-Chrome tape without having to break the bank, then this is it.
Note: These tapes were bought brand new and very likely intended for a music production studio and/or for commercial purpose.
The magnetic tape with its combination of ferric and chrome layers is 100% impeccable and does not shred. For all you FeCr fans this tape is a must try from a nostalgic Akai.
Akai was founded by Masukichi Akai and his son, Saburo Akai (who died in 1973) as Akai Electric Company Ltd. (赤井電機株式会社 Akai Denki Kabushiki-gaisha), a Japanese manufacturer in 1929 or 1946.[note 1]
The company's business eventually became troubling and it left the audio industry in 1991. At its peak in the late 1990s, Akai Holdings employed 100,000 workers and had annual sales of HK$40 billion (US$5.2 billion). The company filed for insolvency in November 2000, owing creditors US$1.1B. It emerged that ownership of Akai Holdings had somehow passed in 1999 to Grande Holdings, a company founded by Akai's chairman James Ting. The liquidators claimed that Ting had stolen over US$800m from the company with the assistance of accountants Ernst & Young who had tampered with audit documents going back to 1994. Ting was imprisoned for false accounting in 2005, and E&Y paid $200m to settle the negligence case out of court in September 2009. In a separate lawsuit, a former E&Y partner, Christopher Ho, made a "substantial payment" to Akai creditors in his role as chairman of Grande Holdings.