Samsung has reportedly cancelled their second gen Duo HD player, the BD-UP5500. In a statement issued to PC World, the company announced that, following Toshiba's decision to drop HD DVD, the window of opportunity for a dual format player is smaller than before and that consumers should move forward with Blu-ray.
The company's statement today notes that "now that Blu-ray has been chosen as the next-generation format, the consumer can move forward with confidence and enjoy the incredible experience that Blu-ray offers. Samsung believes that a multi-format player like the current BD-UP5000 Duo HD Player (Duo) offers the best and only solution for consumers that want access to all available High-Definition (HD) titles in the short term. It remains a practical solution, but the window of opportunity is smaller than it was before. In light of recent announcements, Samsung will not introduce the BD-UP5500 Duo HD Player."
If you'd like to read more, the entire blog post can be found here.