Toshiba lowers sales target for HD DVD players
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Japan's Toshiba Corp. has slashed its  sales target for high definition DVD players and recorders  after disappointing sales in the U.S., putting a damper on  prospects for one of its growth businesses.
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Japanese electronics giant Toshiba said it was lowering its sales and profits forecast for the year to March in the face of pricing pressures in the semiconductor market even as it reported continued profits for the nine months to December.
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And Toshiba to bring 1080p to under â¬400 IFA 07 UK consumer electronics company - yes, we have a few - Venturer has pledged to bring HD DVD to the mass market with a slimline player set to retail for under Â£200 and â¬300.â¦
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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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The Japanese electronics giant threw in the towel on its HD DVD technology, announcing that it would no longer develop, produce or market disc players for the format.
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Ending a multiyear format battle with Sony-backed Blu-ray, Toshiba finally throws in the towel Tuesday, announcing it will no longer manufacture or sell HD DVD equipment.
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Toshiba has abandoned the HD DVD high-definition video disc format, it announced Tuesday.
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Japan's Toshiba Corp  will  announce plans to cease production and sales of HD DVD players  on Tuesday, the Nikkei business daily said.
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What's next for Toshiba and for HD DVD consumers? The answers may be hidden in Toshiba's own words.
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With only two major studios left in the HD DVD camp, Toshiba is slashing prices on its players and ramping up its marketing.
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No flowers, please (Almost) Forgotten Tech Toshiba's decision to end its production of HD DVD players and recorders effectively marks the death of the optical disc format once touted as the natural successor to the phenomenally popular DVD.â¦
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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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InfoWorld - Toshiba'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.
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In a sign the high-definition format war is far from over, Toshiba on Monday dropped the suggested retail price of its entry-level HD DVD player to under $150. That puts the HD-A3 $250 cheaper than Sony's PlayStation 3.
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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 will discontinue its HD DVD products, it said Tuesday, handing victory to rival high definition disc format Blu-ray Disc.The company will no longer develop, manufacture, and market HD DVD players and recorders.It will reduce shipments of HD DVD players and recorders to retail markets and aims to cease the businesses altogether by the end of March.But the Japanese electronics giant pledged to provide full product support and after-sales service for owners of Toshiba HD DVD products.Recent changes in the market prompted the decision, Toshiba said. Early this year,&#160;Warner Bros. said it would stop issuing movies on HD DVD&#160;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&#160;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.Warner made its decision based on consumer confusion and indifference to high definition movies, an indifference that cost Hollywood in lost revenue, it said. Wal-Mart said U.S. customers preferred Blu-ray Disc movies and hardware. Blu-ray Disc is the high definition disc format championed by Sony.&quot;This once again shows why incompatible and mutually exclusive formats should be avoided at all cost by the industry,&quot; said Carl Gressum, a senior analyst at Ovum. &quot;It reduces profitability and delays customer adoption.&quot;&quot;The big question is, however, the impacts on Toshiba as an electronics company,&quot; he added. &quot;It has after all bet its disc media business on HD DVD, as well as gone for HD DVD integration into some of its laptop PCs. The channel has inventory to clear, and demands from owners of HD DVD players.&quot;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.The company also pledged to remain a player in the high definition market. Developing HD DVD created many assets for Toshiba and its partners, which include Microsoft, Intel, HP, and Universal Studios, the company said. Toshiba plans to work with these companies to seek future business opportunities.&#160;&#160;
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Japan's Toshiba Corp  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  .