New Delhi: Leading consumer electronics brand Akai India has added a smart TV series to its consumer electronics portfolio. These TVs come in 49-inch, 55-inch, and 65-inch screen size. As per the company, it is using A+ grade panels to deliver superior colours, brightness, contrast, and reliability with prices starting from Rs 59,990.

The model offer 4K screen. To power the smart features, these TVs pack in a quad core processor and 1.5 GB RAM. The TVs come with Akai’s own app Store, most likely forked around Android. Cosumers will be able to surf through the websites, watch video on demand, stay socially connected and play games.

In this line-up, the 49-inch model is priced at Rs 59,990, 55-inch variant is pegged at Rs 69,990, and finally the 65-inch Tv will set you back for Rs 1,24,990.

About Akai: This is a consumer electronics brand name Akai. The original company was founded in 1946 in Tokyo, Japan as Akai Electric Co., Ltd., developing electronics such as LED TVs and Air Conditioning systems.

Akai was founded by Masukichi Akai and his son, Saburo Akai (who died in 1973) as Akai Electric Company Ltd. (Akai Denki Kabushiki-gaisha), a Japanese manufacturer in 1929 or 1946.

Akai Launches Trio of 4K smart LCD TVs in India with starting range from Rs 59,990:

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.