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Wal-Mart Shoots Down Cheap HD DVD Rumor

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Wal-Mart denied rumors that it had placed a substantial order with a Taiwan supplier for ultra-cheap HD DVD players that could swing the format wars in that direction.

A spokesperson for the company said Thursday that reported leak concerning Taiwan-based consumer electronics manufacturer, Fuh Yuan, partnering with TDK in China to manufacture the $250-299 players, had no merit. The report first appeared in AVS Forums, and was picked up by other Web sites.

"The article

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