January 13, 1906: Cheap Radio Receivers for just $7.50

January 13, 1906: Importers of electronic devices company, Hugh Gernsback Electro, offers cheap receivers. The Scientific American Magazine mentioned that Receiver is offered at a price $7.50. Hugh Gernsback Electro ensures that the receiver can receive signals up to 1 mile distance

Hugo Gernsback (August 16, 1884 – August 19, 1967), born Hugo Gernsbacher, was better known as a Luxembourgian American inventor, writer, editor, and magazine publisher, best remembered for publications that included the first science fiction magazine. That was after he runs the electonic company Hugh Gernsback Electro.