Buckeye_Nut Posted February 17, 2008 Share Posted February 17, 2008 The fire sales have been going on for a month now. Expect more as Toshiba cuts their losses as they clear their inventories. http://www.reuters.com/article/technologyNews/idUSL1637974620080216 TOKYO (Reuters) - Toshiba Corp (6502.T: Quote, Profile, Research)is planning to give up on its HD DVD format for high-definition video,conceding defeat to the competing Blu-Ray technology backed by SonyCorp (6758.T: Quote, Profile, Research), a company source said on Saturday. Japanese public broadcaster NHK had earlier reported that Toshibawould suffer losses in the tens of billions of yen (hundreds ofmillions of dollars) as it scrapped production of HD DVD players andrecorders and took other steps to exit the business. The company source told Reuters that Toshiba was in the final stagesof planning to exit the HD DVD business and that an official decisionwould be made soon. Quote Link to comment Share on other sites More sharing options...
Guest srobak Posted February 17, 2008 Share Posted February 17, 2008 Post up your HD-DVD titles people, I will buy them Quote Link to comment Share on other sites More sharing options...
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