Especially when the company was acquired by CMI who also owned Gibson.
The company only started making their first guitars in 1928 and after a few more years relocated to America where it all took off for the Epiphone brand.
Fast forward to World War I and they began making banjos. The Epiphone story goes way back to 1873 where founder, Anastasios Stathopoulos, started making his own fiddles and lutes in Turkey. By combining years of history with modern production techniques, you can buy an Epiphone guitar that doesn't compromise on sound or playability at a very sensible price.
Epiphone are licensed to produce Epiphone Guitars using Gibson's extensive design knowledge.