Lg Drops Plans For Dual-format Hdtv Player

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Continued turmoil in the production, marketing and distribution of high-definition DVD players appeared evident today as Korea's LG said that it had dropped plans to launch a dual-format DVD player that would be compatible with both Sony's Blu-ray and Toshiba's HD-DVD discs. The announcement was confusing, given the fact that LG had announced last March that it had dropped plans to produce a Blu-ray-only player. However, at an electronics conference in New York on Monday, Bob Perry, VP of LG sales, said: "LG remains part of the Blu-ray camp and will make a product announcement later in the year."




01/08/2006


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