Hitachi to release one-teraByte DVD-R, not to wait for high-def DVD

Japan's Hitachi Ltd. on Wednesday unveiled the world's first hard disk drive/DVD recorder that can store one teraByte of data, or enough to record about 128 hours of high-definition digital broadcasting.

Hitachi, Japan's largest electronics conglomerate, is still a relatively small player in the DVD recorder market, trailing industry leaders Matsushita Industrial Co. Ltd., Sony Corp., and Toshiba Corp.

Read the complete story... (Reuters via The New York Times)