Posted by HardOCP News 9:24 AM (CDT)
Thursday July 21, 2016
Holy cow! Talk about having a hell of a run. What I want to know is, with sales of 750,000 a year world wide, who was still buying VCRs? Do any of you even know someone that still has a VCR?
Japanese financial newspaper Nikkei reported on Thursday that Funai Electric Company, Japan's last manufacturer of VHS video cassette tape recorders, will end production on the recorders this month. According to Nikkei, the company is halting production due to a declining market, and difficulty in obtaining the supply of parts. Funai had manufactured the units in factories in China, and sold units under the Sanyo brand, among others, in North America.