The Cost Of Losing The HD Disc Format War? $986 Million, Says Toshiba

Toshiba will post a loss of $986 million this year thanks to the discontinuation of HD DVD, doubling the expected losses from the HD disc format before the electronics company announced its decision to nix the format. The added loss is thanks to production line changes as Toshiba moves its core business focus to flash memory cards. A Toshiba spokesperson refused to comment on the numbers as they haven't been officially announced by the company, but were reported by Japanese news source Nikkei.

Via Reuters

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