Toshiba has said it will stop making its high definition DVDs, ending a battle with rival format Blu-ray over which would be the industry standard. Following a review of its business, Toshiba said it would stop production of HD DVD players and recorders. “It was an agonising decision for me, but I thought if we kept running this business it would have grave ramifications for the management of our company,” Toshiba president Atsutoshi Nishida said. “We made a quick decision, judging that there is no way of winning the competition,” he said.
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