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On the initiative of Emperor Wilhelm II, in 1903 the Allgemeine Elektrizitäts-Gesellschaft (AEG) and Siemens & Halske AG jointly founded the Gesellschaft für drahtlose Telegraphie System Telefunken - better known as Telefunken. This was a political reaction to the developments in radio technology that were in progress in Great Britain.
After World War I, Telefunken engineers laid the foundation for the introduction of radio in Germany (1923). In the 1930s, Telefunken was substantially involved in the development of electronic television. In 1941 Siemens transferred its Telefunken shares to AEG as part of the agreements known as the "Telefunken settlement", and AEG thus became the sole owner.
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