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Akai (アカイ) is a consumer electronics brand name. The original company was founded in 1946 in Tokyo, Japan as Akai Electric Co., Ltd., developing musical and audio equipment. "Akai" means red in Japanese, hence the logo color, earlier also accompanied by a red dot. Akai collapsed in late 2000 under James Ting owing creditors US$1.1 billion, and was removed from the Tokyo Stock Exchange in February 2001. Today the Akai brand is owned by Akai Sales Pte Ltd headquartered in Singapore. In addition to some development of musical instruments, the Akai brand name is also used to rebadge electronics manufactured by other companies.
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