Toshiba says that it has not stopped HD DVD Production yet

Feb 18 2008, 9:05am CST | by Luigi Lugmayr

Toshiba issued a very brief statement on their site in response to Japanese media reports that Toshiba will discontinue its HD DVD business.

Complete statement: "The media reported that Toshiba will discontinue its HD DVD business. Toshiba has not made any announcement concerning this. Although Toshiba is currently assessing its business strategies, no decision has been made at this moment."
The Japanese stock market likes the idea though of Toshiba dropping HD DVD, as Toshiba's stock jumped 5.7% today.

There is no other choice at this point for Toshiba than to burry HD DVD. Hollywood studios, retailers, movie rental companies, and the media have already declared it dead.
Via the Toshiba site.

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Luigi Lugmayr
Luigi is the founding chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com. Luigi posts regularly on LuigiMe.com about his experience running I4U.