MbS made the remarks at an annual speech to the advisory Shura Council, which he gave on behalf of his father, King Salman
mena9 hours ago
The media-electronics conglomerate will launch Blu-ray products as early as this year, a complete reversal of its position over the high-density DVD standard, the Yomiuri Shimbun newspaper said.
Toshiba had promoted its “HD DVD format”, pitting itself against the Blu-ray system developed by Sony and its partners, in a competition characterised as a re-run of the VHS-Betamax battle in video cassette tapes in the late 1970s.
Major Hollywood studios with vast movie back catalogues sided with Blu-ray, which then dominated the key Japanese market.
The move pushed Toshiba to concede defeat and give up on promoting HD DVD in early 2008, in an echo of Sony’s Betamax setback a generation ago.
Toshiba considered making a comeback by developing next-generation televisions and eyeing distribution of television programmes and movies via the Internet.
But rapid growth of demand for Blu-ray products in Japan encouraged Toshiba to enter the Blu-ray market, the Yomiuri said.
MbS made the remarks at an annual speech to the advisory Shura Council, which he gave on behalf of his father, King Salman
mena9 hours ago
His visit to Cairo aimed to salvage stalled negotiations mediated by Egypt, Qatar and the United States to end the conflict
world9 hours ago
The group accused Israel, which has so far refused to comment, as US denies involvement
mena9 hours ago
Hundreds of pagers belonging to the armed group exploded in Lebanon on Tuesday, killed 12 people, including two children, and wounded up to 2,800 others
world9 hours ago
They view it as a pivotal move toward fostering inclusivity and diversity in corporate structures
uae9 hours ago
Israel has not yet commented on the explosions
europe9 hours ago
The meeting saw engaging discussions on Sinomach’s strategic initiatives and ongoing projects in the region
economy10 hours ago