Earlier this week, LG confirmed that they are working on a combination Blu-ray/HD DVD player. If things go as planned, the player could ship later this year.
Korea's LG Electronics Inc. said on Tuesday it planned to launch a next-generation DVD player that will bridge the yawning gap between two competing formats by playing both HD DVD and Blu-ray.

"LG is a supporter of Blu-ray and is now considering a dual format player for later this year," said John Taylor, a U.S. spokesman for the Korean company.

Both Blu-ray, developed by a Sony Corp -led consortium, and HD DVD, championed by Toshiba Corp , offer more capacity than current DVDs, but the groups' failure to reach a unified front has paved the way for a costly battle in the $24 billion home video market, like the VHS/Betamax war of 25 years ago that caused widespread customer confusion.

Korean LG Electronics last week became the second high-profile Blu-ray supporter after Hewlett-Packard to announce it would also support HD DVD.
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