JVC shuts down VHS players production, still produces DVD/VHS hybrids

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JVC, or known as the Victor Co. of Japan, has announced that it will shut down production of its VHS players and will convert the factory, located in China, to produce camcorders. While Panasonic and other companies stopped producing VHS players, JVC’s exit brings the end of the major Japanese players supporting the tape-based format, which has been succeeded by DVDs and Blu-Ray.

JVC won’t leave the VHS market, however, as it will still produce DVD and VHS hybrid players; and will continue with its “3-in-one” players – players that combine VHS and DVD players with a hard drive.

Source: Trading Markets

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