Onkyo to discontinue the development and production of HD DVD players
2008-02-22
Onkyo Corporation has announced that it will discontinue the development and production of HD-DVD players with immediate effect. Onkyo has distributed and sold HD-DVD players in selected markets, driven by the growth of the large screen display market and high demand for new home entertainment media.
Onkyo has reached its decision after a thorough review of Toshiba’s public announcement “Toshiba Announces Discontinuation of HD-DVD Businesses”, issued on February 19, 2008. Onkyo will, naturally, continue to provide full product support and after-sales service for all owners of Onkyo HD-DVD players.
As far as the future is concerned Onkyo will continue to provide innovative home theatre products delivering high definition sound and images that are fully compatible with next-generation disc formats such as Blu-ray.
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