High fidelity (often shortened to Hi-Fi or HiFi) is the high-quality reproduction of sound. It is popular with audiophiles and home audio enthusiasts. Ideally, high-fidelity equipment has inaudible noise and distortion, and a flat (neutral, uncolored) frequency response within the human hearing range.

High fidelity contrasts with the lower-quality “lo-fi” sound produced by inexpensive audio equipment, AM radio, or the inferior quality of sound reproduction that can be heard in recordings made until the late 1940s.
What is HiFI?
Bell Laboratories began experimenting with a range of recording techniques in the early 1930s. Performances by Leopold Stokowski and the Philadelphia Orchestra were recorded in 1931 and 1932 using telephone lines between the Academy of Music in Philadelphia and the Bell labs in New Jersey. Some multitrack recordings were made on optical sound film, which led to new advances used primarily by MGM (as early as 1937) and Twentieth Century Fox Film Corporation (as early as 1941). RCA Victor began recording performances by several orchestras using optical sound around 1941, resulting in higher-fidelity masters for 78-rpm discs. During the 1930s, Avery Fisher, an amateur violinist, began experimenting with audio design and acoustics. He wanted to make a radio that would sound like he was listening to a live orchestra—that would achieve high fidelity to the original sound. After World War II, Harry F. Olson conducted an experiment whereby test subjects listened to a live orchestra through a hidden variable acoustic filter. The results proved that listeners preferred high-fidelity reproduction, once the noise and distortion introduced by early sound equipment was removed.Beginning in 1948, several innovations created the conditions that made major improvements of home-audio quality possible:

Reel-to-reel audio tape recording, based on technology taken from Germany after WWII, helped musical artists such as Bing Crosby make and distribute recordings with better fidelity.
The advent of the 33⅓ rpm Long Play (LP) microgroove vinyl record, with lower surface noise and quantitatively specified equalization curves as well as noise-reduction and dynamic range systems. Classical music fans, who were opinion leaders in the audio market, quickly adopted LPs because, unlike with older records, most classical works would fit on a single LP.
Higher quality turntables, with more responsive needles
FM radio, with wider audio bandwidth and less susceptibility to signal interference and fading than AM radio.
Better amplifier designs, with more attention to frequency response and much higher power output capability, reproducing audio without perceptible distortion.
New loudspeaker designs, including acoustic suspension, developed by Edgar Villchur and Henry Kloss with improved bass frequency response.
In the 1950s, audio manufacturers employed the phrase high fidelity as a marketing term to describe records and equipment intended to provide faithful sound reproduction. Many consumers found the difference in quality compared to the then-standard AM radios and 78-rpm records readily apparent and bought high-fidelity phonographs and 33⅓ LPs such as RCA's New Orthophonics and London's FFRR (Full Frequency Range Recording, a UK Decca system). Audiophiles paid attention to technical characteristics and bought individual components, such as separate turntables, radio tuners, preamplifiers, power amplifiers and loudspeakers. Some enthusiasts even assembled their own loudspeaker systems. With the advent of integrated multi-speaker console systems in the 1950s, hi-fi became a generic term for home sound equipment, to some extent displacing phonograph and record player.

In the late 1950s and early 1960s, the development of stereophonic equipment and recordings led to the next wave of home-audio improvement, and in common parlance stereo displaced hi-fi. Records were now played on a stereo. In the world of the audiophile, however, the concept of high fidelity continued to refer to the goal of highly accurate sound reproduction and to the technological resources available for approaching that goal. This period is regarded as the "Golden Age of Hi-Fi", when vacuum tube equipment manufacturers of the time produced many models considered superior by modern audiophiles, and just before solid state (transistorized) equipment was introduced to the market, subsequently replacing tube equipment as the mainstream technology.

In the 1960s, the FTC with the help of the audio manufacturers came up with a definition to identify high fidelity equipment so that the manufacturers could clearly state if they meet the requirements and reduce misleading advertisements.

The metal–oxide–semiconductor field-effect transistor (MOSFET) was adapted into a power MOSFET for audio by Jun-ichi Nishizawa at Tohoku University in 1974. Power MOSFETs were soon manufactured by Yamaha for their hi-fi audio amplifiers. JVC, Pioneer Corporation, Sony and Toshiba also began manufacturing amplifiers with power MOSFETs in 1974. In 1977, Hitachi introduced the LDMOS (lateral diffused MOS), a type of power MOSFET. Hitachi was the only LDMOS manufacturer between 1977 and 1983, during which time LDMOS was used in audio power amplifiers from manufacturers such as HH Electronics (V-series) and Ashly Audio, and were used for music and public address systems. Class-D amplifiers became successful in the mid-1980s when low-cost, fast-switching MOSFETs were made available. Many transistor amps use MOSFET devices in their power sections, because their distortion curve is more tube-like.

A popular type of system for reproducing music beginning in the 1970s was the integrated music centre—which combined a phonograph turntable, AM-FM radio tuner, tape player, preamplifier, and power amplifier in one package, often sold with its own separate, detachable or integrated speakers. These systems advertised their simplicity. The consumer did not have to select and assemble individual components or be familiar with impedance and power ratings. Purists generally avoid referring to these systems as high fidelity, though some are capable of very good quality sound reproduction.

Audiophiles in the 1970s and 1980s preferred to buy each component separately. That way, they could choose models of each component with the specifications that they desired. In the 1980s, a number of audiophile magazines became available, offering reviews of components and articles on how to choose and test speakers, amplifiers, and other components.

Listening tests
See also: Codec listening test
Listening tests are used by hi-fi manufacturers, audiophile magazines, and audio engineering researchers and scientists. If a listening test is done in such a way that the listener who is assessing the sound quality of a component or recording can see the components that are being used for the test (e.g., the same musical piece listened to through a tube power amplifier and a solid-state amplifier), then it is possible that the listener's pre-existing biases towards or against certain components or brands could affect their judgment. To respond to this issue, researchers began to use blind tests, in which listeners cannot see the components being tested. A commonly used variant of this test is the ABX test. A subject is presented with two known samples (sample A, the reference, and sample B, an alternative), and one unknown sample X, for three samples total. X is randomly selected from A and B, and the subject identifies X as being either A or B. Although there is no way to prove that a certain methodology is transparent, a properly conducted double-blind test can prove that a method is not transparent.

Blind tests are sometimes used as part of attempts to ascertain whether certain audio components (such as expensive, exotic cables) have any subjectively perceivable effect on sound quality. Data gleaned from these blind tests is not accepted by some audiophile magazines such as Stereophile and The Absolute Sound in their evaluations of audio equipment. John Atkinson, current editor of Stereophile, stated that he once purchased a solid-state amplifier, the Quad 405, in 1978 after seeing the results from blind tests, but came to realize months later that "the magic was gone" until he replaced it with a tube amp. Robert Harley of The Absolute Sound wrote, in 2008, that: "...blind listening tests fundamentally distort the listening process and are worthless in determining the audibility of a certain phenomenon."

Doug Schneider, editor of the online Soundstage network, refuted this position with two editorials in 2009. He stated: "Blind tests are at the core of the decades' worth of research into loudspeaker design done at Canada's National Research Council (NRC). The NRC researchers knew that for their result to be credible within the scientific community and to have the most meaningful results, they had to eliminate bias, and blind testing was the only way to do so." Many Canadian companies such as Axiom, Energy, Mirage, Paradigm, PSB, and Revel use blind testing extensively in designing their loudspeakers. Audio professional Dr. Sean Olive of Harman International shares this view.