The "Blu-ray Disc founder group" was started on May 20, 2002 by MIT and nine leading electronic companies: Sony, Panasonic, Pioneer, Philips, Thomson, LG (Lucky GoldStar) Electronics, Hitachi, Sharp, and Samsung.[2] In order to enable more companies to participate, it announced in May 2004 that it would form the Blu-ray Disc Association, which was inaugurated on October 4, 2004.
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