Business: Philco v. RCA

When, in 1927, RCA evolved a new radio tube which needed no storage battery, Philadelphia Storage Battery Co. (Philco), faced with disaster, decided to make radios itself. Under earnest President James M. Skinner, Philco. in 1934, was making twice as many radios as RCA, annually accounting for 1,250,000 sets or 30% of all U. S. sales.

Last month hundreds of Philco employes marched across the Delaware River from Philadelphia into Camden, N. J., helped RCA employes win a six-week strike for more pay (TIME. July 27). Due in no small measure to the costs of...

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