So, 50 years ago, starts a story in the May 24th 1961 edition of Electronics Weekly.
The story continues:
'The price is will be £5 10 shillings each and is expected to drop to £3 in less than six months.
The epitaxial transistors are the first of a full range of devices including power types.
Major price reductions in the entire range of their products were announced by Texas Instruments last week.
Mr A.N. Provost, managing director of the company, said that the new plant atManton Lane, Bedford
, has exceeded their expectations in improvements in the yields and reliability of devices.
The improvements were being passed on to the customer in the form of price reductions of up to 35v per cent.
"The rapidly increasing depth of knowledge in the UK in design, production and use of transistors is creating an ever-widening demand," said Mr Provost.
He went on to prophesy that greater demand will result in further price decreases and that germanium mesa type transistors at 3 shillings to 4 shillings each and similar silicon devices at 8-10 shillings are within the foreseeable future."
The company expects to have a solid state circuit available commercially in the UK market in about 18 months.'