
The Akrad Radio Corporation developed out of a small radio sales and repair business that 18 year old Keith M Wrigley started in Waihi in 1932. Akrad is an acronym for ‘Auckland Radio’.
In 1967 a reconstruction of the parent company PYE Radio Ltd of England took place when Philips purchased a controlling share. Ten years later Phillips gained full control of PYE Radio Ltd. Eventually this led, in 1982, to the closure of all nine New Zealand companies then owned by PYE. Amongst the casualties were the PYE Electronics Corporation of New Zealand Ltd and Akrad Radio Corporation Ltd.
This event marked the end of a chapter in the history of electronics manufacturing in New Zealand.
Ref: 'The Golden Age of Radio in the Home' by John W Stokes

This Clipper features a brilliant red leather clad cabinet over a metal chassis. The volume and tuning dials are found on the side of the cabinet and resemble a set of earmuffs. It has a beautiful red and gold cloisonné badge on the metal speaker grill.