Japan’s Funai Electronics, which makes its own electronics, in addition to supplying companies like Sanyo, will produce the last batch of VCR units by July 30, Nikkei reported (link in Japanese). The company cites difficulty in obtaining the necessary parts as one of the reasons for halting production.
VCRs were launched about 40 years ago. With the rise of DVDs, Blu-ray and streaming services like Netflix, they’ve become completely obsolete. At its peak, Funai sold 15 million units of the home video system, Last year, it reported 750,000 in sales.
And yet, vinyl is still going strong.