40 years after the first VHS video cassette recorder rolled off the production line, the last known company making the devices is ceasing production. According to Japanese newspaper Nikkei, Funai Electric, a Japanese consumer electronics company, will give up on the format by the end of the July after 30 years of production.
Declining sales, plus a difficulty in obtaining the necessary parts, prompted Funai Electric to cease production. While the Funai brand might not be well-known in the west, the company sold VCRs under the more familiar Sanyo brand in China and North America.
Funai Electric began production of VCRs in 1983 following the unsuccessful launch of its own CVC format in 1980. While CVC had its strengths—its quarter-inch tape made its machines smaller and lighter than VHS machines, which used half-inch tape—VHS and Betamax were strong competitors.
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