Toshiba which basically went into debt trying to persuade everyone their format (HD-DVD) was the next HD format has done complete flip and is now supporting their rivals format.
“The real mass-market opportunity for high-definition content remains untapped, and Toshiba is both able and determined to use our talent, technology and intellectual property to make digital convergence a reality,”
Even though they did lose the next generation format war against Sony's Blu-ray, Toshiba wanted to keep their options open on what venture they wanted to tackle next.
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