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Toshiba has recently withdrawn its HD DVD service after competition with Blu Ray was raised. Big names including Sony, Warner Bros, Walt Disney and 20th Century Fox have opted to use Blu Ray for their digital DVD services. Toshiba's withdrawal from selling HD DVD will severely affect its profits this year. Toshiba's profits will be down £330 million due to the HD DVD defeat and the price of their flash memory cards chip reducing in price.
Staff editor, Electronics Section, March 2008 |
