IBM announces the 603 Electronic Multiplier, the first commercial product to
incorporate electronic arithmetic circuits. The 603 used vacuum tubes to perform
multiplication far more rapidly than earlier electromechanical devices. It had
begun its development as part of a program to make a "super calculator" that would
perform faster than 1944's ASCC by using electronics.
IBM introduces an electric Chinese ideographic character typewriter, which allowed
an experienced user to type at a rate of 40 to 45 Chinese words a minute. The
machine utilizes a cylinder on which 5,400 ideographic type faces are engraved.
Thomas J. Watson, Jr., is elected to the Board of Directors.
The IBM Wireless Translator System is introduced, featuring a lightweight wireless
receiver set that gave the wearer freedom to move about; also introduced is the
End-Printing Reproducer.
A Hospitalization Plan for employees is implemented. IBM manufactures pocket-sized
Braille writing devices. Family Dinners are initiated to give recognition to
employees and spouses. The company hires its first black salesman, 18 years before
the Civil Rights Act of 1964.
