Samsung's UBS-K8500, introduced in 2015, was positioned as the world's first UltraHD, 4K Blu-ray player. [credit:
If you didn’t notice any Blu-ray player announcements from Samsung at CES this year, there’s a reason for that: the company has told both Forbes and CNET that it is getting out of the Blu-ray player business in the United States.
The large chaebol conglomerate will introduce no new Blu-ray players anywhere, it seems, and will stop making existing players for the US market. This comes as a confirmation of what many observers expected, given that the company last released a new player in 2017. Samsung was reportedly working on a high-end Blu-ray player for release in 2019, according to Forbes, but those plans have been scrapped.
Samsung didn't tell either publication why it decided to exit the business, and there is probably no big, single reason for this shift. But there are a lot of small ones.
Read 5 remaining paragraphs | Comments