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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Low-def models too CES Todayâs Toshiba press conference at CES saw an unprecedented queue hundreds of metres long as hacks lined up to hear Toshiba's take on Warner Home Video's recent announcement Warner to opt for the Blu-ray format. One UK reporter was even offered $50 for her press pass.â¦
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Reuters confirms Toshiba will cease manufacturing HD-DVD equipment, which leaves Blu-Ray as the presumptive victor in the irrelevant optical disk format war. Rob Beschizza reports in his Gadget Lab blog.
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Toshiba may pull the plug on its high-definition DVD format but no decision has been made, the Japanese electronics maker said in a statement Monday.
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TOKYO (Dow Jones)--The battle over the high-definition successor to the current generation of DVDs is escalating with a winner possibly declared within the year, an executive at Toshiba Corp.
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Defunct format sell-off eBay said today it expects to an increase in listings for HD DVD products following Toshiba's announcement yesterday that it is going to ditch its optical disc format.â¦
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Toshiba Corp (6502.T) 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  (6758.T), a company source said on Saturday.
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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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Toshiba&#39;s announcement to end production of HD DVD players and recorders will not affect the Xbox 360, even though Microsoft offers an optional stand-alone HD DVD drive for the game console, Microsoft said in a statement Tuesday.&quot;We do not believe&#160;Toshiba&#39;s announcement about HD DVD&#160;will have any material impact on the Xbox 360 platform or our position in the marketplace,&quot; Microsoft said. The gaming function of the console is its main attraction, the company added.The company&#160;did not say whether or not it will stop manufacturing the HD DVD drive&#160;for the Xbox 360.Earlier Tuesday, Toshiba formally announced an end to its support of HD DVD, a high-definition optical disc format meant to replace DVDs. Toshiba was the developer and main backer of HD DVD, and its capitulation handed victory to rival format Blu-ray Disc, which has been championed by Sony.Toshiba said its decision came after careful analysis of the long-term impact of continuing the format war, and said a swift decision was called for to help the high-definition market develop.For game consoles, high-definition discs are growing in importance. Sony put Blu-ray Disc drives in the PlayStation 3 as a way to spread popularity of the high-definition discs. PlayStation 3 owners can play HD movies on the drives as well as advanced games. Blu-ray discs can hold far more data than conventional DVDs, and give players high definition graphics on games.At a recent game show in Taipei, Sony showed off a display of over 100 game titles created using Blu-ray Disc. A nearby Xbox 360 booth displayed the HD DVD logo and showed movies and just a few games made for the format.Recent&#160;changes in the market prompted Toshiba&#39;s decision&#160;to phase out HD DVD. Early this year, Warner Bros. said it would stop issuing movies on HD DVD in the coming months and rely exclusively on Blu-ray Disc. The Hollywood studio was one of three major studios remaining in the HD DVD camp, and its defection created widespread belief that the battle between HD DVD and Blu-ray Disc was now over.More recently, major U.S. retail chain Wal-Mart announced it would phase out the sale of HD DVD products, moving to exclusivity with Blu-ray Disc. Electronics retailer Best Buy also said it would back Blu-ray Disc, but it did not say it would stop offering HD DVD.&#160;
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Toshiba Corp is planning to give up on  its HD DVD format for high definition DVDs, conceding defeat to  the competing Blu-Ray technology backed by Sony Corp, a company  source said on Saturday.
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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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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 insisted on Sunday that  its HD DVD high-definition video format is far from dead  despite being dealt a major setback by Warner Bros studio's  decision to exclusively back Sony Corp's rival Blu-ray  technology.
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Japan's Toshiba Corp.  aims to  put disk drives for high-definition DVDs on all its laptops  next year as it strives to gain an edge in the high-stakes  next-generation DVD format battle, a Toshiba executive said on  Tuesday.
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So why buy HD DVD discs then? A week after the battle with Blu-ray Disc swung further toward that rival format, Toshiba said it will promote its players on their ability to upscale standard-definition content for HDTVs.â¦
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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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InfoWorld - The first laptop computer to feature an HD DVD-R drive, Toshiba&#39;s Qosmio Q30, went on sale in Japan over the weekend.