Rumours abound that Panasonic is planning to discontinue the iconic Technics 1200 and 1210 turntables.

Blogs around the world are buzzing with the news, taken from a press release translated from Japanese issued by the tech company.

Here's the statement in full:

“Regarding our analogue turntable products, we have to inform you of our decision to terminate the business within this year, regrettably. Here are the reasons which made us reach this conclusion.

"1. Since beginning of last decade, our sales of turntables have been decreasing drastically. They're almost one-fifteenth of the sales 10 years.

"2. Many key parts are no longer available as some of our suppliers stopped production or discontinued their businesses. Also, there is the risk that some key parts' availabilities might stop suddenly, and these parts are only being produced for our turntables. In that case we cannot produce the products that we have taken orders for already.

“We cannot help discontinuing production in advance in order to avoid the worst case scenario.”

Sounds pretty definitive to us.