Sanyo joins Blu-ray group

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Sanyo joins Blu-ray group

Japanese consumer electronics maker Sanyo Electric has joined a group of companies led by Sony to develop recordable high-definition DVD disks, but will also remain allied with a rival group, a report said Tuesday.

Sanyo’s decision to help both the Sony-led group and its competitor adds uncertainty to the race to develop a global standard for next-generation optical disks, which are expected to offer sharper images than current DVDs.

Read the complete story. (AP, MSN Money)