While the battle between Blu-ray and HD DVD has taken center stage, there is another war going on between Taiwan's FVD and China's EVD formats. According to DigiTimes, things are looking good for FVD as a major promoter of EVD has run into some financial troubles.
FVD (forward versatile disc), Taiwan's self-developed DVD standard, is getting a boost in the fight against EVD (enhanced versatile disc), a China-developed DVD standard, as Beijing E-World Digital Technology, a major promoter of the EVD standard, has defaulted on some loan payments and now stands to lose some of its patents, sources said.
The China-based company used nine patents to secure a loan of 14 million yuan (about US$1.7 million) from two international financing companies and it has now defaulted on repayment of this loan. As a result of this, one of the financing companies is preparing to auction some of the patents, said sources at China's State Intellectual Property Office (SIPO).
The article also mentions that various companies have decided to roll out PC-use FVD discs in the US and Europe. If you'd like to read more, head on over to DigiTimes.