Are you in the market for a brand new Video Cassette Recorder? Then you better head to RadioShack — or another electronics store of yester-year — soon, as the last known company to make the video-playing machines will stop production after this month.
Funai Electric, last known company to make VCRs, will close down its production of the devices in August, ArsTechnica, citing Japanese newspaper Nikkei, reports.
The shrinking market and the difficulty in obtaining needed components were cited by Funai as reasons for winding down the VCR production lines.
Funai, which continues to make the devices for Sanyo, estimates it sold about 750,000 VCRs last year, which is impressive considering most people have turned to streaming services, and before that DVDs and BluRay discs.
That’s a drop in the bucket compared to the 15 million units sold a year at its peak production, sometime after it began manufacturing the devices in 1983.
Last known VCR maker stops production, 40 years after VHS format launched [ArsTechnica]
by Ashlee Kieler via Consumerist
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