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PS3Scene News
 
November 21, 2008
 
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» Toshiba Pulls the Plug on HD DVD - Ends Format War
Article posted by XanTium | 16-2-2008 22:22 | Permalink | Digg News

From nhk.or.jp:
[QUOTE]
Toshiba Corporation has decided to withdraw from next generation high-definition DVD production.

The company said it will continue to sell HD-DVD products for a while but will stop further development of HD DVD. Meanwhile, it said its DVD factories in Aomori Prefecture, northern Japan, would be closed.

Market observers said that Toshiba could suffer a loss of hundreds of millions of US dollars.
[/QUOTE]

Full Story: nhk.or.jp

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