The president of Matsushita Electric Industrial Co. put his foot down today, leaving it up to Toshiba to yield its position in discussions over a unified format for next-generation DVD technology. Kunio Nakamura said his company — and its partner Sony Corp. — won’t back down. The powerful duo supports Blu-ray. Toshiba supports HD-DVD, a newer DVD technology. Negotiations about which standard will prevail have seemingly all but stopped. “The talks continue, they have not collapsed,” Nakamura told a group of reporters in Tokyo.
Loading ...
Matsushita President Puts Foot Down on DVD Standard
Posted by: Jennifer LeClaire May 19, 2005 09:14 AMThe president of Matsushita Electric Industrial Co. put his foot down today, leaving it up to Toshiba to yield its position in discussions over a unified format for next-generation DVD technology. Kunio Nakamura said his company — and its partner Sony Corp. — won’t back down. The powerful duo supports Blu-ray. Toshiba supports HD-DVD, a newer DVD technology. Negotiations about which standard will prevail have seemingly all but stopped. “The talks continue, they have not collapsed,” Nakamura told a group of reporters in Tokyo.