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Japan's Funai Electric, which claims to be the world's last VCR manufacturer, says it will cease production of the machines this month. Funai started manufacturing video-cassette recorders in 1983 ...
Be warned, vintage videophiles: Japan’s Funai Electric, a company that claims to be the last manufacturer of videocassette recorders (VCRs), will manufacture its last VHS player this month.
Last year, Funai made 750,000 VHS machines that played or recorded cassette tapes. In 2000, it made 15 million, 70 percent for the U.S. market, according to the company, based in Osaka, central Japan.
There’s a lot of head scratching going on over Funai Electric Co., whose bankruptcy proceedings started after it was sold to an investment fund for 1 yen.
Once upon a time Funai sold up to 15 million VCRs annually, but in 2015 that was down to 750,000 units. The paperback book-sized magnetic tapes were first introduced in Japan in 1976 and arrived ...
Funai has a long history with the VHS format and VCRs. In 1980, it launched the CVC Player, the first ever compact cassette recorder, which attempted to compete with the more popular VHS and ...
TOKYO—Funai Electric Co. of Japan said Monday it has entered into a licensing agreement with Eastman Kodak Co. to sell Kodak-brand consumer and office printer products world-wide. The Osaka ...
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