CE Pro has reported that LG recently dropped the BD199 Blu-ray player from its spring lineup and is considering a combination Blu-ray/HD DVD player.
The memo states that the dual-format player is planned for late summer/early fall, and came about as a result of the uncertainty of the looming next-gen DVD format battle. "In light of uncertainty in this early stage of the market for pre-recorded high-definition optical discs, we have decided not to introduce the BD199 as originally planned for this spring," it says.
I'm not sure how LG is going to pull off a combination Blu-ray/HD DVD player. From what I understand, various licensing hurdles prevented Samsung from developing their own. Then again, with LG signing a patent deal with Toshiba, this might change. If you'd like to read more, head on over to CE Pro.