August 30, 2002
A high-capacity replacement for current DVD technology has been announced by NEC and Toshiba. It would increase data storage capacity from the current 4.7 to 8.5 gigabytes to between 15 and 30 gigabytes.
The competing Blu-Ray discs are expected to hold between 40 and 50 gigabytes of data. Both formats are expected to be available in 2004.