Matsushita Electric Industrial Co affiliate Victor Co of Japan Ltd is looking for a new hot product to replace the fading VHS video tape recorder for which it was responsible – and reckons it has just the thing in the VHS video tape recorder. According to the New York Times, the company is working on a digital version of the VHS video recorder for release this year, which will be able to store as many as two dozen movies, or a year’s supply of your favorite soap opera, on a single tape. That’s its capability, but what JVC expects it to be used for is storing huge amounts of information downloaded from the Internet at high speed.
