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Tuesday, February 19, 2008 |
Toshiba exits HD DVD business, ceding market to Sony's Blu-ray
Blaming the loss of support from a key movie studio, Toshiba Corp. said it is pulling out of the HD DVD business, handing victory to Sony Corp.'s Blu-ray technology in the fierce format war over high-definition DVDs.
Toshiba said Tuesday (Feb 18, 2008) that it would cease production of its HD DVD players and recorders immediately and close out the business by the end of March 2008.
[The Wall Street Journal]
8:27:22 AM 
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