It’s over. The format war is over. According to a report from the Japanese NHK broadcasting network, Toshiba has decided to withdraw its high-definition HD-DVD format from production, and is in the process of closing down its manufacturing facilities located in Aomori Prefecture, Japan.

Toshiba is expected to suffer losses in the billions of yen (read: millions of US dollars) as it halts production on HD-DVD players and recorders. The company has not given a statement over the matter yet, but official word is expected soon.

Toshiba plans to withdraw from HD-DVD production [NHK via Reuters]

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