Funai Electric will manufacture its last VHS player this month

Funai Electric will manufacture its last VHS player this month

In a recent announcement, Japan-based Funai Electric Co – the manufacturer of videocassette recorders (VCRs) – has revealed that it will manufacture its last VHS player this month. Funai claims to be the last manufacturer of VCRs in the world.

The announcement by Funai Electric – the company which manufacturers VCRs in China for Sanyo – that it will not produce any more VHS players after this month indicates the imminent demise of the VCR which revolutionized home entertainment scene nearly six decades back.

Funai has been manufacturing VCRs till now, even despite the availability of several generations of superior entertainment technologies on the market.

The decision by Funai to discontinue the manufacturing of VHS players this month is apparently rooted in the fact that the company sold only 750,000 units of VHS players in 2015; marking a drastic plunge from its peak production of 15 million units a year.

Against the backdrop of the plunge in sales of VHS players, Funai said that the due to the decline in the production numbers of VHS players, the components of the device have become increasingly expensive and difficult to source.

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