I really didn’t know that this device was still alive somewhere in the world until today, and it just brings back a lot of memories, and at the same time, sad news. This video recording system will be going the way other once-important technologies went, technologies like the Betamax and the LaserDisc.
VCR is being produced by a Japanese firm, Funai Electric, and recently, this electronics company announced that it will be closing its VCR production lines in August. This closure will mean the company has amassed a whopping 33 years experience in the production of VHS-playing VCRs, and it will be ending a not-too-rosy story.
There was a time the company managed to sell over 15 million units of its video cassettes recorder systems a year, but a recent report shows that the figure has dropped to a mere 750,000 in 2015.
We are seeing many new technologies every day and what always happens is that the older ones die off as they become less relevant, and that’s simply what we have seen in the case of the VCR. So this is the result of the VR headsets, renewable rockets, storage devices, better video devices and many others that we now prefer.