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Saturday, February 16, 2008

Toshiba to exit HD DVD, end format war

By: NanoGeek

Toshiba Corp will be planning to halt production on all equipment compatible with the HD-DVD format for high-definition video. This will allow the Sony Blu-ray camp to claim victory. This was reported by NHK a public broadcaster in Japan.

Toshiba was dealt a blow on Friday when Wal-Mart Stores Inc said it would abandon the HD DVD format, becoming the latest in a series of top retailers and movie studios to rally behind Blu-ray technology for high definition DVDs.

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