Toshiba Concedes Defeat in the DVD Battle
For two years, Sony and Toshiba have been fighting over the standard for high-definition DVDs, but the battle is now over, and Sony and the Blu-ray format have won out:
Toshiba, the Japanese electronics giant, threw in the towel on its HD DVD technology Tuesday, announcing that it would no longer develop, produce or market disc players for the format. In doing so, it ceded victory to Sony’s competing Blu-ray format, which now looks set to become the global standard for high-definition DVDs.
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