According to a Reuters report, the electronics giant has indicated that it plans to launch a next-generation DVD player capable of playing both HD-DVD and Blu-ray discs.
LG Electronics had initially championed Blu-ray disc, but followed the example set by technology giant, Hewlett Packard, in announcing support for both HD-DVD and Blu-ray formats.
In what is undeniably a smart move by the electronics manufacturer, the launch of a dual format player means that if a format war is fought and won, LG Electronics does not lose out to either.
