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February 18th, 2008 @ 11:25
Toshiba has issued a statement saying that the fat lady hasn’t sung quite yet on HD-DVD, despite reports from both NHK and Reuters to the contrary.
“The media reported that Toshiba will discontinue its HD-DVD business,” said a spokesperson. “Toshiba has not made any announcement concerning this. Although Toshiba is currently assessing its business strategies, no decision has been made at this moment.”
Toshiba’s shares are up 6 percent in Japanese trading today, pushed by the news that Toshiba is making a sensible exit from a potentially damaging contest with Blu-ray in the next gen disc space. A final announcement from Toshiba is expected on Tuesday.
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