Sources: Toshiba rethinking HD DVD focus

Published: Feb. 17, 2008 at 4:16 PM
Order reprints
TOKYO, Feb. 17 (UPI) -- Industry sources say Japan's Toshiba Corp. (OTCPK:TOSBF) is reviewing its focus on High Definition DVDs in light of the success of Sony's Blu-ray technology.

With the U.S. department store chain Wal-Mart deciding to only sell Blu-ray products in the future, industry sources say Toshiba has been forced to rethink its stance regarding the evolving DVD world, the Kyodo news agency reported Sunday.

Wal-Mart's move toward Blu-ray products followed moves by Best Buy Co. and other retailers to focus on Blu-ray rather than Toshiba's HD DVD products.

The U.S. trend has led to twice as many sales of Blu-ray players and software than their Toshiba counterparts.

The Kyodo News said the growing success of Blu-ray essentially means HD DVDs are all but a thing of the past and the sources say Toshiba will examine its sales abroad before making a final decision on the matter.


© 2008 United Press International, Inc. All Rights Reserved.



Obama arrives in Ghana (2 min)
Croatia leads U.S. 2-0 at Davis Cup tennis (22 min)
MLB: St. Louis 8, Chicago Cubs 3 (33 min)
Report: Bailout funds could help small biz
Werth named NL All-Star for Beltran
Home sales rise in Baltimore area
Lawsuit filed in cemetery desecration
fark
Photoshop these creepy earrings
Patronizing Tijuana hookers while on drugs may be unhealthy, according to Dr. N.S. Sherlock, of...
Defense lawyers request words like "polygamy,""cult" and "compound" not be used in their client's...
TSG Mugshot roundup: Twin billing
Barbie-Con visitors split on major issue: Are you allowed to open her box and play with it?
It's been 10 years since "The Blair Witch Project." Where were you when this crappy, one-joke, overhyped...