p2pnet news | Products:- It’s now official.
HD DVD has gone the way of the DoDo.
In a press statement, Toshiba says it’s decided it’ll no longer develop, manufacture or market HD DVD players and recorders.
"This decision has been made following recent major changes in the market," it states.
However, tit promises to provide full product support and after-sales service for all owners of Toshiba HD DVD products.
"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 2008m" it says, going on:
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.
It also says it’ll continue to market conventional DVD players and recorders and, "continue to contribute to the development of the DVD industry, as a member of the DVD Forum,.
It adds it plans to "maintain collaborative relations" with the companies in the HD DVD crew, including Universal Studios, Paramount Pictures, and DreamWorks Animation and major Japanese and European content providers, as well as Microsoft, Intel, and HP.
"Toshiba will study possible collaboration with these companies for future business opportunities, utilizing the many assets generated through the development of HD DVD," it adds.
Toshiba – Toshiba Announces Discontinuation of HD DVD Businesses, February 19, 2008