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When he was six, towheaded Philo Taylor Farnsworth became so delighted with a toy dynamo that he solemnly declared he hoped he had been born an inventor. By 1921, when he was 15, Philo had conceived a basic principle of television-electronic scansion of an image...

Author: /time Magazine | Title: COMMUNICATIONS: Banker Backed | 2/20/1939 | See Source »

...television had become a reality in England, where Farnsworth licensed Baird Television Ltd., and in Germany, where he licensed Fernseh A. G. But though the U. S. was the home of Philo Farnsworth and the adopted home of his sole peer in television, RCA's Vladimir Kosma Zworykin, television remained something U. S. citizens heard much about but seldom saw. Last week the U. S. heard something more about television: after twelve years Philo Farnsworth was to have his own manufacturing company with two factories and over $2,500,000 in cash behind...

Author: /time Magazine | Title: COMMUNICATIONS: Banker Backed | 2/20/1939 | See Source »

Farnsworth -Nicholas. Philo Farnsworth will be a vice president and director of research of his company. Chairman of the board is Farnsworth's old backer, Banker McCargar. Backer Everson is treasurer, secretary and a director. To be president, Edward A. (for something he promised his wife not to tell) Nicholas resigned from...

Author: /time Magazine | Title: COMMUNICATIONS: Banker Backed | 2/20/1939 | See Source »

Although the new company will be nowhere nearly as big as RCA (or Philco Radio & Television Co. and Zenith Radio Corp. which are also equipped to make television sets), it has the strongest patent position in television outside of RCA. Philo Farnsworth owns 55 patents, has 78 pending, is positive that no television sender or receiver can be made without using some of his patents. But neither can Philo Farnsworth build a set without the patents of RCA's Zworykin, and so Farnsworth and RCA will cross-license each other...

Author: /time Magazine | Title: COMMUNICATIONS: Banker Backed | 2/20/1939 | See Source »

...subject was still patents, Philo T. Farnsworth of Farnsworth Television. Inc. related how he discovered the basic principle of television when he was only 14. Dr. William David Coolidge, director of General Electric Co.'s Schenectady research laboratory, sounded off on G. E.'s recent discovery of "invisible" glass (TIME, Jan. 9). Vice-President George Baekeland of Bakelite Corp. got valuable publicity with his announcement that airplane production could be speeded up by making certain structural parts of plastics...

Author: /time Magazine | Title: THE GOVERNMENT: Sounding Board | 1/30/1939 | See Source »

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