Clive Sinclair recognised for its importance in the early days of the British home computer industry. Sinclair Research also produced the TV80, a flatscreen portable mini television utilising an ingenious cathode ray tube however, LCD television technology was in advanced development and the Sinclair FTV1 (TV80) was a commercial flop, only 15,000 units being produced. Knighted in 1983, Sinclair formed Sinclair Vehicles and released the Sinclair C5, a battery electric vehicle that was also a commercial failure. Since then Sinclair has concentrated on personal transport, including the A-bike, a folding bicycle for commuters that weighs and folds down small enough to be
Clive Sinclair and £69.95 ready-built, by mail order. In February 1982 Timex obtained a licence to manufacture and market Sinclair's computers in the United States under the name Timex Sinclair. In April the ZX Spectrum was launched at £125 for the 16 kB RAM version and £175 for the 48 kB version. In March 1982 the company made an £8.55 million profit on turnover of £27.17 million, including £383,000 government grants for the TV80 flat-screen portable television. In 1982 Sinclair converted the Barker & Wadsworth mineral water bottling factory into the company's headquarters. (This was sold to Cambridgeshire County Council in December