Panasonic enters costumer HD market

December 6, 2006 - On the chilly piers of Chelsea in New York today, Panasonic announced two new high definition camcorders, the HDC-SD1, an SD-card based model, and HDC-DX1, a DVD model. The product launch came as little surprise to industry insiders. Virtually identical models were already announced in Japan one month ago. Both will capture in the AVCHD compression format, which was co-developed by Panasonic and Sony. The latter company has already capitalized on the new format with their own models, the HDR-SR1 and HDR-UX1. Today’s announcements are Panasonic’s first entrance into the consumer HD market this is new models

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