TOKYO (Reuters) - Toshiba Corp (6502.T: Quote, Profile, Research) is planning to give up on its HD DVD format for high definition DVDs, conceding defeat to the competing Blu-Ray technology backed by Sony Corp (6758.T: Quote, Profile, Research), a company source said on Saturday.
http://www.reuters.com/article/busin...43184420080216
In a separate report filed earlier in the day, Japanese broadcaster NHK said that although Toshiba is expected to continue selling HD DVD players at stores for the time being, it will cease production of all HD DVD-compatible equipment and will close its HD DVD factories at Aomori Prefecture in Northern Japan.
http://www.reuters.com/article/busin...43184420080216
In a separate report filed earlier in the day, Japanese broadcaster NHK said that although Toshiba is expected to continue selling HD DVD players at stores for the time being, it will cease production of all HD DVD-compatible equipment and will close its HD DVD factories at Aomori Prefecture in Northern Japan.












