"Toshiba Corp is planning to stop production of equipment compatible with the HD DVD format for high-definition video, allowing the competing Blu-Ray camp a free run, public broadcaster NHK reported on Saturday.
Toshiba is expected to suffer losses amounting to tens of billions of yen (hundreds of millions of dollars) to scrap production of HD DVD players and recorders and other steps to exit the business, Japan's NHK said on its website.
No one at Toshiba could be reached for comment".
More in the link.
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EK Cooling allegedly has slipped itself into a hot soup of seemingly endless financial woes, where it has not paid its staff, suppliers, and contractors for many months as the company is facing liquidity problems and a surplus of inventory left unsold, stuck in the warehouse for a more extended period. Gamers Nexus investigated these claims made by former and current personnel, where he found trails of unpaid bills lasting as long as three to four months and unpaid raises that accumulated for almost a year.
EK Water Blocks has two entities—a Slovenian-based headquarters and a US-based subsidiary, EK Cooling Solutions. Steve narrated the series of events in detail, stating that the company was reportedly irresponsible and negligent regarding payment. Consequently, partners and employees are forced to share the burden of alleged mismanagement. It all begins with its extensive range of products, leading to a surplus of goods. EK has over 230 water blocks, 40 liquid cooling kits, 85 reservoirs, 40 pumps, 73 radiators, and 212 miscellaneous accessories.
Yes this is not about video games directly but indirectly this will impact the pc gaming/workstation space hard.
This company is massive one of two in the water cool space so if it goes poof then thousands out there have no spare parts or half built computers.
SO yeah i know not about a video game but think of it as amd leaving the pc space but this is ekwb that could be leaving water cooling in the pc space
Jayz2cents a supporter of there products also has issues
https://www.youtube.com/wat...
Im so sorry for them.. but thanx for their competetion..
it cause faster price drops , but there is allways ONE winner in every format war..
good luck Toshiba. hope to see your Cheap blu-ray recorders very soon .. :)
LOL R.I.P Hd-dvd I do blu do you ?
Serves the IMBECILES right!
MWAH-HA-HA-HA!!!
than what Hollywood reporter said 2 days ago...
We should have a way of betting on the true date of capitulation.
Meh, Toshiba didn't play this game right. Sony did as they included Blu-Ray in PS3s and did more advertising than Toshiba.
Oh well, now at least consumers can finally make the choice of getting one format. I just got a PS3 last week.
but the big question. Will Blu-Ray's success be PS3's downfall or a future greater succeess?
Game developers want to make games on the console with the higher game attachment. But what if there are more PS3s out there than 360s in 2008?