of toshiba announces discontinuation of hd dvd businesses

Toshiba Announces Discontinuation of HD DVD Businesses: Toshiba Corporation today announced that it has undertaken a thorough review of its overall strategy for HD DVD and has decided it will no longer develop, manufacture and market HD DVD players and recorders.

Toshiba will begin to reduce shipments of HD DVD players and recorders to retail channels, aiming for cessation of these businesses by the end of March 2008. Toshiba also plans to end volume production of HD DVD disk drives for such applications as PCs and games in the same timeframe, yet will continue to make efforts to meet customer requirements. The company will continue to assess the position of notebook PCs with integrated HD DVD drives within the overall PC business relative to future market demand.

The end of HD DVD?

Other Links:
- HD DVD Is Dead, Please Move On With Your Life
- HD DVD casualty report: over 1m players, recorders, and drives lost to the format war

[via Gizmodo]