In an expected move, Samsung today announced that it will not proceed to the relerase of its second -generation BD-UP5500 Blu-ray/HD DVD combo player.

The player was announced at the 2008 International Consumer Electronics Show in January.

"Now that Blu-ray has been chosen as the next-generation format, the consumer can move forward with confidence and enjoy the incredible experience that Blu-ray offers. Samsung believes that a multi-format player like the current BD-UP5000 Duo HD Player (Duo) offers the best and only solution for consumers that want access to all available High-Definition (HD) titles in the short term. It remains a practical solution, but the window of opportunity is smaller than it was before. In light of recent announcements, Samsung will not introduce the BD-UP5500 Duo HD Player," Samsung said in a statement, according to PC World.