TOKYO - Toshiba
Corp. said on Tuesday it would still like to develop a unified format for
advanced optical DVD discs, but two competing and incompatible products are
likely to hit the market at first.
Toshiba is a leading proponent of next-generation HD DVD optical disc
technology, which competes with the Blu-ray standard promoted by Sony Corp. and
Matsushita Electric Industrial Co., a maker of Panasonic brand electronics.
"We have not given up on a unified format. We would like to seek ways
for unifying the standards if opportunities arise," Toshiba President
Atsutoshi Nishida told an annual shareholders' meeting.
The failure of the two groups to settle on a unified format has resulted in a
costly battle similar to the VHS-Betamax war that caused widespread consumer
confusion in the late 1970s and mid-1980s.
Toshiba, Japan's second-largest electronics conglomerate behind Hitachi Ltd.,
in March started rolling out the world's first HD DVD players in Japan.