developing the LECTRON product line. Mr. Walter retired and gifted the LECTRON assets to the Reha-Werkstatt Oberrad in 2001. The RWO continues to manufacture and sell the LECTRON system to this day. By the 1970s, Braun discontinued its line of film slide projectors and hi-fi products to focus on home consumer appliances, including shavers, razors, coffee makers, clocks, and radios. In 1981, the company's audio and hi-fidelity division, which grew out of Braun's former core business of radios, turntables, and hi-fidelity audio products, was spun off into Braun Electronic GmbH, a legally independent Gillette subsidiary. Braun Electronic GmbH put out its last audio-fi set in 1990 before the business was discontinued. Also in the early 1980s, Braun sold its photographic and slide projector division to Robert Bosch GmbH. In 1982, Gillette Group moved to integrate Braun with the parent company by taking full control over its operations. In 1984, Braun ceased the production of cigarette lighters. That same year, Braun became a wholly owned subsidiary of Gillette. By the mid-1990s, Braun held a leading position among the world's home appliance manufacturers, but profitability concerns began to surface. Many of Braun's competitors closely imitated Braun designs and had them produced in low-cost labor countries at lower costs. The litigation commenced by the company to reverse the sales losses and damage to its product image cost Braun substantial amounts of money. In 1998, Gillette decided to transform Braun AG into a private company before it bought back a 19.9 percent share in its subsidiary The Gillette Company Inc., which Braun had acquired in 1988. The following year, Braun's sales organization was merged with those of Gillette's other business divisions to cut costs. At the end of the 1990s, Braun and Gillette suffered losses in several areas. Looking for ways to return to profitability, Gillette considering the disposal of some of Braun's less profitable divisions, such as kitchen appliances and thermometers, but abandoned the idea a few months later when no buyers were found. Braun's sales in those areas began to recover in 2000. Gillette was acquired by Procter & Gamble ("P&G") in 2005, making Braun a wholly owned subsidiary of P&G. In 2006 Procter & Gamble sold Braun's Health Products division to Kaz, now a subsidiary of Helen of Troy Limited, along with licensing the use of Braun's trademark in the specific health products market. In early 2008, P&G discontinued sales of