The Philips Company of the Netherlands invented and released the first compact audio-cassette in 1962. They used high-quality polyester 1/8-inch tape produced by BASF. Recording and playback was at a speed of 1.7/8 inches per second.
The next year in the U.S. sales began of the Norelco Carry-Corder dictation machine that used the new cassette tape. The consumer's demand for blank tape used for personal music-recording was unanticipated by Philips.
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