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Philips foresees VCR's demise

Consumer-electronics maker Philips is predicting the demise of the humble VCR as the company plans to launch its first consumer DVD player that also records onto the discs. Philips asserts that the DVDR1000 will herald the most significant advancement in consumer recording in almost 20 years. The electronics giant says the release of the machine will signal the beginning of the end of the VCR format and the trusty VCR in living rooms. "Within two years we predict that the VCR will no longer be the main visual format," said Johnathan Wight, a marketing manager for Philips Consumer Electronics Australia. Price could be an issue, though. In Australia, for example, the machine will retail for around $3,437 (6,599 Australian dollars). Staff writer Adrian Kerr reported from Australia.

Consumer-electronics maker Philips is predicting the demise of the humble VCR as the company plans to launch its first consumer DVD player that also records onto the discs. Philips asserts that the DVDR1000 will herald the most significant advancement in consumer recording in almost 20 years.

The electronics giant says the release of the machine will signal the beginning of the end of the VCR format and the trusty VCR in living rooms. "Within two years we predict that the VCR will no longer be the main visual format," said Johnathan Wight, a marketing manager for Philips Consumer Electronics Australia. Price could be an issue, though. In Australia, for example, the machine will retail for around $3,437 (6,599 Australian dollars).

Staff writer Adrian Kerr reported from Australia.