Reports have come in the papers that the production of Video Cassette Recorder(VCR) has been stopped by the remaining production company Funai Electric of Japan.(Courtesy: Business Line)
The production of VCR by the Philips first and then by many other companies in 1970s was a hit with the people. Though the price was high initially (almost the price of a small car), gradually it came lower enabling crores of people to buy and use it. Almost every average home had one.
New technological gadgets like DVD, smart phones etc. have made the VCR obsolete to a certain extent. Finding that it is not at all profitable, all the companies have stopped its production.However, many household will continue to use the same for some more time.

Farewell to the well used VCR!