DVD Format Wars: Toshiba Surrenders
There was an air of inevitability about Toshiba's decision to bow out of the next-generation DVD format war. On Feb. 19 Chief Executive Officer Atsutoshi Nishida finally said what analysts and industry executives had been predicting for weeks: Toshiba will stop making video players, recorders, and high-tech parts in the HD DVD format that the company had spent years developing and in which it had invested sizable sums to bring to market.
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