Sinclair Research
In March 1981, Sinclair Computers was renamed Sinclair Research Ltd and the Sinclair ZX81 was launched. In February 1982, Timex Corporation obtained a license to manufacture and market Sinclair's computers in the USA under the name Timex Sinclair. In April the ZX Spectrum was launched. In July Timex launched the TS 1000 (a version of the ZX81) in the United States. In March 1982 Sinclair Research Ltd made an £8.55m profit on turnover of £27.17m, including a £383,000 government grant to develop a flat screen.