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Originally posted by: MeBeJedi
Sony has a long history of "Not invented here." See MD players (including the ATRAC codec) and Betamax (which was just officially dropped by Sony about a year ago) for good examples.
(That being said, I recall reading that Sony is aware of the problems with this mindset, and the new American president plans on doing something about it.)
Don't forget MicroMV, Sony's attempt at an even smaller digital camcorder format.