TOKYO (Reuters) - Toshiba Corp (6502.T) 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 (6758.T), a company source said on Saturday.
The move will likely put an end to a battle that has gone on for several years between consortiums led by Toshiba and Sony vying to set the standard for the next-generation DVD and compatible video equipment.
http://news.yahoo.com/s/nm/20080217/...hiba_hd_dvd_dc