Friday, March 28, 2008

[The Chosun Ilbo, February 18 2008] Blu-Ray Wins Format War

The Blu-ray camp appears set to declare victory over the rival HD DVD camp in the next-generation data storage format war. Korea's top two electronics giants, Samsung Electronics and LG Electronics, are both in the Blu-ray camp.

Nihon Keizai Shimbun and other Japanese media reported Sunday that Toshiba, which has led the HD DVD camp, is about to abandon its high-definition format.

The company is expected to decide soon whether it will exit the business completely, reduce production of HD DVD equipment, or withdraw from the Japanese and U.S. markets where sales have been slow and focus instead on Europe.

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