Panasonic announces discontinuation of Blu-ray discs next month
Panasonic announced that it will stop producing Blu-ray discs in February this year. At that point, all publicly available products of this type will be discontinued, and no successors will be announced, although Blu-ray recorders will continue to be produced. Panasonic said that due to the decline in demand for Blu-ray recordable discs, this type of product is also difficult to maintain profitability.
Game console players are no strangers to ordinary Blu-ray discs, and they will see them when they buy physical and genuine physical games. Even though the Internet speed is getting faster and faster, many players may choose subscription services to download games, but there are still quite a few players who are willing to buy physical games because it is convenient for second-hand transactions and does not need to rely on the Internet.
However, the cost of Blu-ray recording is higher and the demand is less. It is understandable that Panasonic chose to give up. It not only caters to the changes in the way people store data but also can reduce expenses and better focus on the main business in the macro environment of the current economic downturn.