Samsung has confirmed it will no longer make any new 4K / Ultra HD Blu-ray players. There were already rumors that the Korean electronics giant would pull out of the Ultra HD Blu-ray player market after it didn't show any new models at IFA last year and CES this year.
Forbes was able to get a confirmation from Samsung that the company will indeed stop making UHD Blu-ray players. Even a high-end model that was initially planned for January this year was canceled, according to Forbes' sources.
Samsung has not provided any reasons for its decision, but it's likely the Korean company figured it could not sell enough devices. Consumers more and more resort to streaming video services like Netflix and the number of brands that sell UHD Blu-ray players is still fairly high. Amongst others, Panasonic, LG Pioneer and Sony still make UHD Blu-ray players.
Samsung is the second company that stops making 4K / Ultra HD Blu-ray players. Last year, Oppo decided to stop making new (Ultra HD) Blu-ray players.
