Thomas A. Edison, Inc. a long playing record in 1926 did not succeed. In 1928 the company finally moved into radio with the purchase of the Splitdorf Radio Corp. On 1 November 1929 Edison halted production of records apart from dictation records made by the Voicewriter division. In the late 1920s the "Edicraft" line of high-quality consumer appliances was developed at the laboratory and manufactured by Thomas A. Edison, Inc. Production of appliances was discontinued in 1934 due to lack of demand for luxury goods during the Great Depression. Max McGraw, founder and president of McGraw Electric, had always been an admirer of Thomas
Invention of the telephone useful and widespread apparatus it is now. The telephone exchange was an idea of the Hungarian engineer Tivadar Puskás (1844–1893) in 1876, while he was working for Thomas Edison on a telegraph exchange. Puskás was working on his idea for an electrical telegraph exchange when Alexander Graham Bell received the first patent for the telephone. This caused Puskás to take a fresh look at his own work and he refocused on perfecting a design for a telephone exchange. He then got in touch with the U.S. inventor Thomas Edison who liked the design. According to Edison, "Tivadar Puskas was the