Chicago: The largest U.S. consumer electronics chain, Best Buy Co Inc, on Monday said that it would recommend consumers choose Sony Corp's Blu-ray high-definition video format rather than Toshiba Corp.'s HD DVD. The statement from the electronics retailer gives Sony yet another victory in its competition with Toshiba Corp's HD DVD.
Best Buy said that it would continue to carry an assortment of Toshiba Corp.'s HD DVD products for consumers who want to buy them, but it would "prominently showcase" Sony Corp.'s Blu-ray format.
Toshiba and Sony have been competing to set the standard for high-definition DVDs for several years, but now Sony appears to be winning the competition.
After Tata's people's car, Zenith’s people's laptop, the Indian telecom giant, Spice has come up with the people's phone. Spice has planned to announce its $20 (roughly £10) phone tomorrow at Barcelona’s Mobile world congress, the world's biggest telecoms conference.
Speaking of the phone, the chairman of Spice, BK Modi said, "The People's Phone is a world first. It will be available to the consumer for under $20, making it accessible to a vast number of people who currently cannot afford the expense of a mobile handset."