Jamie Le Souef

Reuters has reported that Toshiba Corp is planning to stop and production and research-and-development of HD-DVD technology according to Japan’s NHK.

Following the latest kick in the pants for the HD-DVD camp when on Friday (15^th Feb) Americas Wal-Mart Stores Inc said it would abandon the HD DVD format, becoming the latest in a series of top retailers (Netflix, Best Buy) and movie studios to rally behind Blu-ray technology for high definition DVDs.

Toshiba currently selling HD DVD equipment at stores for the time being but will not put resources into developing new devices, NHK said.

Sources : Reuters, engadgethd

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