"Toshiba Corp is planning to stop production of equipment compatible with the HD DVD format for high-definition video, allowing the competing Blu-Ray camp a free run, public broadcaster NHK reported on Saturday.
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.
No one at Toshiba could be reached for comment".
More in the link.
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Im so sorry for them.. but thanx for their competetion..
it cause faster price drops , but there is allways ONE winner in every format war..
good luck Toshiba. hope to see your Cheap blu-ray recorders very soon .. :)
LOL R.I.P Hd-dvd I do blu do you ?
Serves the IMBECILES right!
MWAH-HA-HA-HA!!!
than what Hollywood reporter said 2 days ago...
We should have a way of betting on the true date of capitulation.
Meh, Toshiba didn't play this game right. Sony did as they included Blu-Ray in PS3s and did more advertising than Toshiba.
Oh well, now at least consumers can finally make the choice of getting one format. I just got a PS3 last week.
but the big question. Will Blu-Ray's success be PS3's downfall or a future greater succeess?
Game developers want to make games on the console with the higher game attachment. But what if there are more PS3s out there than 360s in 2008?