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Toshiba Pulls the Plug on HD DVD - Ends Format War
>> From nhk.or.jp:
[QUOTE]
Toshiba Corporation has decided to withdraw from next generation high-definition DVD production.
The company said it will continue to sell HD-DVD products for a while but will stop further development of HD DVD. Meanwhile, it said its DVD factories in Aomori Prefecture, northern Japan, would be closed.
Market observers said that Toshiba could suffer a loss of hundreds of millions of US dollars.
[/QUOTE]
Full Story: nhk.or.jp
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