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No chance of a Blu-ray HD DVD truce, says Panasonic

April 24th, 2006 · No Comments

Matsushita, parent of Panasonic, has slammed shut the door on any possible merger between and rival . Speaking to Reuters, Executive officer Kazuhiro Tsuga is quoted as saying: “We are not talking and will not talk. The market will decide the winner.”
In a bruising interview, he implied that Toshiba was making a loss, selling its HD players for as little as $500. Blu-ray machines will cost at least twice as much when they come to market in the US this Summer.
AV Zombie can reveal that Toshiba excecutives were holding unofficial talks with the Blu-ray camp almost to its announcement of HD DVD players at this year’s January CES. Official talks had broken down long before that, but dialogue continued in the hope of reaching an accommodation.
”It’s now a test of physical strength,” Tsuga reportedly said. Given that Panasonic is the world biggest consumer electronics company, that statement will have sent shivers down the spine of Toshiba Corp.

Tags: HD DVD and Blu-ray · High definition TV · Trade

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