LG to sell first Blu-ray/HD DVD combo player
By Erica Ogg, CNET News.com
LAS VEGAS--The details surrounding LG's promised combination high-definition DVD player came into focus Sunday.
The Korean electronics maker unveiled the Super Multi Blue, the first player that can play discs from the competing Blu-ray Disc and HD DVD formats, here at the 2007 Consumer Electronics Show.
"Customers are not really sure which format player they want to buy and naturally seem reluctant to buy the player or DVD contents," said LG North America President and CEO Michael Ahn. He also cited the lagging sales of both disc formats and the respective players as motivation to engineer a dual-format player, saying the next-generation video disc industry growth "is slower than it could be."
Indeed, a mere 250,000 discs sold in both formats this year, according to the Consumer Electronics Association, significantly lower than the 750,000 the organization had predicted.
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