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LG officially announced it will develop a dual-format Blu-ray and HD DVD player, and analysts are saying that the company plans to launch the much-rumored device this fall. John Taylor, a US spokesman for LG, said

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LG is a supporter of Blu-ray and is now considering a dual format player for later this year.

Last week, LG became the second member of the Blu-ray club that said it would also support HD DVD. The first was HP, which should be credited for having the presence of mind to be the first to decide to straddle the fence in this absurd replay of the VHS/Betamax wars.

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LG to deliver dual-format HD DVD/Blu-ray [Reuters]