While many companies have chosen sides in the battle between Blu-ray and HD DVD, Lite-On has remained fairly neutral. According to the Inquirer, Lite-On has not decided which one to chose and will likely introduce separate drives supporting both formats.
The chaps said that they will probably go "both ways" and introduce separate computer drives supporting both HD DVD and Blu-ray. Now we are not talking about combo drives, it will be two separate drives - one HD DVD manufactured device and one Blu-ray marchitecture based drive.
We have not heard anything from our contacts at Lite-On so I really cannot confirm any of this. If you'd like to read more, the entire article can be found here.