Categories: NewsTechnology

End of an era as the world’s last VCR manufacturer set to cease production

The world will see its last VCR this month as the Netflix age takes over. The World’s last VCR manufacturer, Funai will make its last ever VCR this month.

The Japanese company, Funai Electric, has been making VCRs since 1983. It used to sell over 15 million VCRs a year during the golden times but the market has ceased to exist now.

Panasonic had stopped making VCRs in 2012. Funai was still manufacturing these machines for Sanyo in China. Sanyo used to sell them to global markets including US and other countries.

Also Read: Legendary 18-year-old Yahoo Messenger to shut down on August 5, 2016

The box-shaped gained global popularity in the late seventies and the early eighties. DVD players, introduced in around 1997, posed first major threat to VCRs and became more popular than VCRs in 2003. In the present era of YouTube and Netflix, these machines became increasingly obsolete. Although some may even doubt if VCRs were even manufactured last year, Funai was able to sell 750,000. People were using VCR players to play large videotape collections from the past times.

Godrej and Boyce, the last company to manufacture typewriters, halted the production in 2011.

Sponsored
Muneeb Ahmad

I love to talk about global tech-happenings, startups, industry, education and economy. Get in touch: muneeb@techjuice.pk.

Share
Published by
Muneeb Ahmad

Recent Posts

Telecom Operators to Automatically Restore SIMs for Tax Filers

The Federal Board of Revenue (FBR) has introduced a comprehensive mechanism for blocking and unblocking…

26 mins ago

Trump’s Influence Fuels Bitcoin to Cross $100,000

Bitcoin broke the $100,000 mark for the first time on Thursday, driven by Trump's crypto-friendly…

58 mins ago

PSX Hits New Heights, Surges by 1,800 Points to Cross 97,000

On Thursday, the Pakistan Stock Exchange (PSX) 100 Index surged by 1,781.94 points, or 1.86%,…

2 hours ago

Pakistan’s IT Minister Defends Internet Restrictions: Here’s All We Know!

Shaza Fatima Khawaja, Minister of State for IT and Telecom, made it clear on Thursday…

3 hours ago

PayPal Resolves Global Outage Impacting Thousands

PayPal, the global payment processing company, announced on Friday that it had successfully resolved a…

3 hours ago

7,300 Teaching Interns Hired Across Punjab

LAHORE: Punjab government colleges have completed the recruitment of 7,354 teaching interns. The Higher Education…

4 hours ago