In the '60s and '70s several Japanese instrument manufacturers built guitars which were imported throughout the world.Although some of these guitars were original designs, many were replicas (affectionately known as "copies") of guitars made by established companies such as Gibson, Fender, Rickenbacker and others.Ibanez is a brand name used by the Hoshino company to market guitars in the US and Europe. Even though these guitars typically sold for much less than the "brand name" guitars, the quality of many Ibanez guitars was extremely good.Since the mid 70's Ibanez has been producing many original design guitars that have become respected among professional and amateur guitarists alike. They've also manufactured a successful line of guitar effects and other "peripheral" products for musicians.