Panasonic has decided to halt domestic production of its VCR, in what is becoming a regular occurrence for Japanese electronics firms to stop selling outdated products.
Like the Walkman before it and the minidisc player, the VCR seems like an iconic relic in an age when movies are streamed over the internet and recording content on tapes or discs are about as outdated as fax machines.
But Panasonic said it stopped producing VCRs for the domestic market only at the end of last year. Once they run out of inventory, it will stop sales of VCRs in Japan entirely, the company was quoted as saying Monday.
Panasonic, however, still manufactures VCRs at factories in China and Slovakia. A spokesman said Panasonic will continue selling VCRs abroad based on market conditions. (New York Post)
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