Toshiba to announce HD DVD pullout on Tuesday: report

Typography

Toshiba, the world's No.2 maker of NAND flash memory, will also announce plans to build new NAND factories in a bid to overtake South Korea's Samsung Electronics Co Ltd <005930.KS>, the paper said.

TOKYO (Reuters) - Japan's Toshiba Corp <6502.T> will announce plans to cease production and sales of HD DVD players on Tuesday, the Nikkei business daily said.

Toshiba, the world's No.2 maker of NAND flash memory, will also announce plans to build new NAND factories in a bid to overtake South Korea's Samsung Electronics Co Ltd <005930.KS>, the paper said.

(Reporting by Mayumi Negishi)