Wal-Mart to release cut-price HD-DVD

SUPERMARKET giant Wal-Mart has delivered a blow to the Blu-Ray standard by buying more than two million HD-DVD units from Taiwan.

The gear, bought from the electronics outfit Fuh Yuan, will be released in the stores for around $300. This will undercut Blu-ray players significantly.

The machines are not expected to make an appearance until 2008, but when they do Blu-ray manufacturers will either have to slash their prices or lose the format war.

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