Pioneer recently announced plans to introduce the BDP-LX70 Blu-ray Disc player to the Japanese market. Offering "studio-master-quality" sound and video, the BDP-LX70 features 1080/24p output and Dolby TrueHD lossless audio technology.

Pioneer Corporation announced today the introduction of the BDP-LX70, a Blu-ray Disc Player, for the Japanese market.

With the start of terrestrial digital broadcasting and the spread of Plasma and other high-definition televisions in recent years, interest in high-definition video images is growing rapidly. In November, 2006, the first Blu-ray Disc titles were released in Japan, and further releases of high-definition content are expected in the future.

In response to the growing demand for high-definition video contents, Pioneer has decided to release its Blu-ray Disc player in Japan, following its first entry to the North American market last year.
The BDP-LX70 will be available in Japan in late June for a suggested retail price of 170,000 yen ($1,400US). Full details can be found here.