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Tuesday, February 19, 2008

Its Offical Toshiba Admits Defeat Throws in the Towel

By NanoGeek

Toshiba would be abandoning the HD-DVD disc format as expected, with the halt of all production of HD-DVD drives and technology by the end of March 2008. This will leave the sole market leader Blu-ray to flounder in all its glory.

In a statement the company announced that it will no longer develop, manufacture or market HD DVD players and recorders. The decision was made following “recent major changes in the market” – as many stores and film studios gravitate towards the exclusive support of the Sony backed Blu-ray format.

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