1947, abbreviation of high-fidelity (1934), a descriptive term of radio receivers in reference to their quality of sound reproduction. Hi as an advertiser's phonological shortening of high (adj.) is attested by 1914. Fidelity in the sense "faithful reproduction of sound" is from 1878.
a hi-fi system
hieroglyphic
hieroglyphics
hierophant
hierophantic
hierophobia
hi-fi
higgledy-piggledy
high
high hat
high horse
high seas