Index Stock Logo
Index Stock Home Image

« ROGER RESSMEYER NAMED PACA PRESIDENT | Main | Organizing Your Business »

May 30, 2006

Canon to Stop Making Single-Lens Camera


From Associated Press
May 25, 2006 9:08 AM EDT

TOKYO - Japan's top camera maker, Canon Inc., will stop developing new
single-lens reflex film cameras as more people abandon film for
digital,company officials said Thursday.

The Tokyo-based Canon's move followed a similar move by its closest Japanese rival, Nikon Corp., which announced earlier this year it would stop making seven of its nine film cameras and concentrate on digital models.

Canon will continue making film cameras already on the market as long as their demand remains. Whether to withdraw from the film camera business will be "decided appropriately by judging the market situation," said Canon spokesman Hiroshi Yoshinaga.

Japanese camera makers sold a combined total 64.77 million digital cameras last year globally, compared with 5.38 million film cameras, according to industry figures. Yoshinaga said his company could not disclose the number of cameras sold.

Meanwhile, Tsuneji Uchida, president of Canon, told reporters that demand for film cameras will be limited to "special needs" like camera buffs, Kyodo News agency said.

In January, Konica Minolta Holdings Inc., another Japanese optical
manufacturer, said it was quitting the camera business altogether - digital and film - and selling its digital assets to rival Sony Corp

Posted by Pat at May 30, 2006 08:01 PM

Comments

Post a comment

Thanks for signing in, . Now you can comment. (sign out)

(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)


Remember me?



Search this site

Promotions

BNSF Railway Photo Store

Our Sites
Index Stock

Recent Entries

Subscribe

Microsoft Certified Partner

About Us
Index Stock Imagery, is a leading independent source of high-quality rights managed and royalty free stock photography and stock illustrations for advertisers, graphic designers, publishers, and multimedia producers. Index Stock has a broad and diverse collection of more than 900,000 stock images, that serve both marketing and editorial needs. More than 1,700 artists, photographers, illustrators, and smaller stock agencies contribute images to Index Stock’s collection. Fresh images are added every week. See why Index Stock Imagery is a leader in the Stock Photo Industry.


Contact Us
Mail To: Index Stock Imagery 23 West 18th Street 3rd Floor New York, NY 10011 Call Us:
800-690-6979
212-929-4644

Send Us an E-mail
info@indexstock.com