Toshiba's CEO: Life After HD-DVD Interview

[actionhank]

From the Wall Street Journal:
The full article will only be available today to the public. You need a paid subscription to get it tommorrow.

http://online.wsj.com/article/SB1204...s_inside_today

[QUOTE]
Toshiba's Plan for Life After HD DVD
Nishida Says Firm Will Target Consumers
With TVs, PCs and Standard Disc Players
By YUKARI IWATANI KANE
March 3, 2008; Page B1

TOKYO -- In February, after a long, expensive battle with Blu-ray over the format for next-generation DVD players, Toshiba Corp. Chief Executive Atsutoshi Nishida pulled the plug on the company's HD DVD business. The move surprised analysts. Japanese companies tend to look for acceptable compromises to save corporate pride, and the analysts had expected Toshiba to phase out the format quietly.
[Boss Talk]

The defeat is a blow to Toshiba, a vast electronics conglomerate that makes semiconductors, appliances and nuclear reactors. The company saw HD DVD as a way to increase its presence in consumer electronics, where it is a relatively small player.