Word: vhs
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...stated that NEC was no longer planning to build Beta VCR equipment. On the contrary, NEC has only recently entered the VCR market in the U.S. and has been highly successful with its initial Beta product, with new models scheduled for introduction in 1984. NEC is also adding VHS to its VCR line as part of its policy of offering the broadest possible product selection...
...accounted for 41% of the company's sales. Last week Zenith announced that it would no longer sell Sony's machine under its brand name. Zenith thus joins companies such as Toshiba and NEC that have abandoned Sony's videotape system in favor of the VHS method developed by archrival Matsushita (1982 sales: $15.7 billion), which sells products in the U.S. under the National, Quasar and Panasonic brand names. Says one industry watcher in Tokyo: "Zenith's move means the demolition of the Sony-led Beta group...
...Sony introduced the first videotape recorders, which let people make copies of their favorite television programs or play tapes of movies on their TV screens. Two years later Matsushita announced a cheaper recorder that worked on a rival technology, known as VHS, which used different-size tapes and made recordings for up to six hours, while the Betamax machine could play for only three hours. The longer tapes were particularly popular with sports fans who wanted to record football or baseball games. Matsushita then outmaneuvered Sony by adding extra features to its recorders, providing licenses to other companies that wanted...
Rivals promptly began lining up to chip away at Xerox's 70% chunk of the U.S. office-copier market. IBM last month introduced a third line of copiers. Minnesota Mining & Manufacturing Co. is planning a massive sales effort for its new plain-paper VHS copiers. Last week Eastman Kodak Co. weighed in with its Ektaprint 150 series, a supersophisticated elaboration of the Ektaprint 100 machine first marketed last fall. At the touch of a few buttons, the most expensive machine in Kodak's new line arranges multipage documents and copies, collates and staples them-all at the rate...