Onkyo Corporation has announced that they have abandoned the HD DVD format and will now shift focus towards development of a Blu-ray player. The Onkyo HD DVD player shared most parts with Toshiba's HD DVD players, and since those players are now out of production, Onkyo is forced to discontinue development and production of their player as well.

In order to prevent such a situation from setting the company behind, development has been ongoing for the release of a Blu-ray player. No timeframe was given as to when consumers could expect to see an Onkyo Blu-ray player, but by the end of the year should be very plausible, if not sooner.

http://www.blu-ray.com/news/?id=1024 - http://www.blu-ray.com/news/?id=1024

Godt nyt til Onkyo fans