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40 years after the first VHS video cassette recorder rolled off the production line, the last known company making the devices is ceasing production. According to Japanese newspaper Nikkei, Funai Electric, a Japanese consumer electronics company, will give up on the format by the end of the July after 30 years of production. Declining sales, plus a difficulty in obtaining the necessary parts, prompted Funai Electric to cease production. While the Funai brand might not be well-known in the west, the company sold VCRs under the…