Funai to Produce Final VCR at the End of July, Report Says
Citing a Nikkei story in Japanese, a Quartz article Thursday said the last VCR will be made at the end of the month. Funai Electronics, which manufactures AV gear under license from brands Sylvania, Emerson Radio, Magnavox, Philips and Sanyo,…
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will produce its final VCR batch by July 30, due partly to difficulty securing parts, said Quartz. At peak VCR production, Funai sold 15 million units, Quartz said, and it reportedly sold 750,000 units last year. “Excluding hardcore fans,” said Quartz, “demand for VCRs is virtually nonexistent.” Funai didn't immediately comment.