FEB. 25 | FROM TWICE: OSAKA, Japan—Although widely rumored to be in the works prior to Toshiba’s announcement to pull the plug on its HD DVD format, Onkyo officially disclosed late Thursday that it too will discontinue development and production of Onkyo-branded HD DVD players.
The company said the decision came “after a thorough review of Toshiba’s public announcement” to discontinue its HD DVD business. It had only distributed and sold approximately 2,000 HD DVD players in selected markets, the company said, to support the growth of the large-screen display market and high demand for home entertainment media.
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