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Posted on ZDNet News: Feb 18, 2008 5:46:00 PM

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Japan's Toshiba will announce plans to cease production and sales of HD DVD players on Tuesday, the Nikkei business daily said.

Toshiba, the world's No. 2 maker of NAND flash memory, will also announce plans to build new NAND factories in a bid to overtake South Korea's Samsung Electronics, the paper said.

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