Toshiba has not commented publicly, but a report on Japan’s NHK says Toshiba has made the decision to withdraw from next generation high-definition DVD production. […]The report also estimates that Toshiba will take a hit to the tune of “hundreds of millions of U.S. dollars” and will close factories in northern Japan.
An official announcement is due out during the week.
I can’t help but wonder if PS3 sales will skyrocket from this development. We already know that they outpaced XBOX 360 sales in January. . .