NHK Declares the End of the Format War
Reuters is reporting that Toshiba Corp is planning to stop production of equipment compatible with the HD DVD format for high-definition video.
Toshiba is expected to suffer losses amounting to tens of billions of yen (hundreds of millions of dollars) to scrap production of HD DVD players and recorders and other steps to exit the business, Japan’s NHK said on its website.
Toshiba plans to continue selling HD DVD equipment at stores for the time being but will not put resources into developing new devices.
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