Toshiba climbs on 'HD DVD exit'
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Toshiba shares gain more than 5% on speculation the firm is about to shelve its high definition DVD format.
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With the news early Tuesday that Toshiba is ending the next generation optical disc war by pulling the plug on HD DVD, the manufacturer said it has no plans to support or manufacture Blu-ray players. Likewise, Microsoft said it has no plans to announce.
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Toshiba Corp. said on Monday it had won support for the HD DVD optical disc standard from Warner Bros. Studios, Paramount Pictures, Universal Pictures and New Line Cinema, advancing its cause in the battle for the next-generation DVD.
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TOKYO, Feb. 18 -- Toshiba appears ready to ditch its HD DVD business, positioning Sony's Blu-ray technology as the likely winner in the format battle for the next generation of DVD players.
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Toshiba Corp (6502.T) said on Sunday  its HD DVD high-definition video format is not dead despite  being dealt a big setback by Warner Bros studio's decision to  exclusively back Sony Corp's (6758.T) rival Blu-ray technology.
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The Toshiba Corporation is planning to give up on its HD DVD format, formally conceding defeat to the competing Blu-ray technology backed by Sony.
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Toshiba announced an aggressive campaign to bolster its HD DVD movie disc format against Sony-backed Blu-ray technology, cutting prices on players to as low as $149.99.
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TOKYO -- Toshiba said Tuesday it will no longer develop, make or market HD DVD players and recorders, handing a victory to rival Blu-ray disc technology in the format battle for next-generation video.
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Toshiba Corp says it has won support for the HD DVD optical disc standard from Warner Bros Studios, Paramount Pictures, Universal Pictures and New Line Cinema, advancing its cause in the battle for the next-generation DVD.
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(InfoWorld) - The first laptop computer to feature an HD DVD-R drive, Toshiba's Qosmio Q30, went on sale in Japan over the weekend. HD DVD-R is the read-only version of the HD DVD format and a single-sided disc can hold up to 15GB of data. The format, which is principally backed by Toshiba, is in competition with Blu-ray Disc, which is backed by Sony. The Qosmio G30/97A is an upgraded model of the existing Qosmio laptop computer that is already on sale in several markets worldwide. It is based on an Intel 2GHz Core 2 Duo processor and has a 17-inch widescreen display with 1,920 pixel by 1,280 pixel resolution, which means it can show high-definition images from HD DVD movie discs. The 4.8-kg machine also features a 320GB hard-disk drive, digital TV tuner and HDMI (high definition multimedia interface) output. ToshibaÂ announced the laptopÂ in mid-January also displayed at the recentÂ International Consumer Electronics ShowÂ (CES) in Las Vegas in January. It's on sale for around Â¥373,365 ($3,085) in Japan at present. Toshiba hasn't announced international launch plans or prices but says it will go on sale overseas. To coincide with the launch of the new laptop, Hitachi MaxellÂ is putting blank HD DVD-R media on the market for around Â¥1,500 per disc. Â
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Consumer electronics maker Toshiba  Corp (6502.T) said on Monday it is slashing prices of its HD  DVD format players by between 40 to 50 percent as major  Hollywood studios move to embrace Sony Corp's (6758.T) Blu-ray  format high definition DVDs.
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Japan's Toshiba Corp (6502.T) said on  Tuesday it would stop promoting its HD DVD format for the  next-generation DVD after losing the support of key studios and  retailers to the Blu-ray technology backed by Sony Corp  (6758.T).
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Toshiba Corp  is planning to give  up on its HD DVD format for high-definition video, conceding  defeat to the competing Blu-Ray technology backed by Sony Corp  , a company source said on Saturday.
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Toshiba still says it will fight on in the high definition disc race. But campaign sources tell the Hollywood Reporter that it is preparing to accept that HD DVD simply canât win.
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No We surrender Toshiba has abandoned HD DVD "following recent major changes in the market", it announced this morning. The company spun the failure of its favourite format as a move made to strengthen the industry.â¦
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Japan's Toshiba Corp  waved the  white flag in the home movie war, giving up on its HD DVD  format after losing the support of key studios and retailers to  the Blu-ray technology backed by Sony Corp .
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Japanese electronics maker Toshiba might withdraw its HD DVD next-generation video format, Kyodo News agency reported Saturday.