View Other Recent Articles from Reuters
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Canon to Build Factory to Double CMOS Image Sensor Production
"Canon Inc. ... will invest about 55 billion yen ($451 million) to build a new factory in Japan to double its production capacity of image sensors used in digital cameras.
A spokesman for the world's largest digital camera maker said it broke ground in May on a new building on an existing site in Kanagawa Prefecture near Tokyo and expect......
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07/15/07 |
Canon raises 2006 camera shipment forecasts
"Japan's Canon Inc. (7751.T: Quote, NEWS, Research) said on Thursday it raised its 2006 digital camera shipment target to 20.65 million units from an earlier forecast of 20 million....."......
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10/28/06 |
Canon May Boost 2008 Digital Camera Outlook
"Canon Inc. (7751.T: Quote, NEWS, Research), the world's biggest digital camera maker, may lift its 2008 projection for its global digital camera shipments on an expected surge in demand from China, Russia and other emerging economies, a Canon official said on Thursday.
The Camera & Imaging Products Association expects digital camera shipment......
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10/05/06 |
Nikon says digital SLR cameras beating plan
"TOKYO (Reuters) - Japan's Nikon Corp. has boosted shipments of digital SLR cameras by about 35 percent year-on-year in April and May, putting it on track to beat its annual estimate, the head of its camera unit said on Wednesday.
Nikon is the world's second-largest maker of digital single lens reflex (SLR) cameras after Canon Inc. Digital SL......
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07/06/06 |
Canon Posts $784M Profit in 1st Half; On Track to Sell 19+ Million Digital Cameras This Year
Canon Posts $784M Profit in 1st Half; On Track to Sell 19+ Million Digital Cameras This Year
According to an article yesterday on Reuters.com, Canon expects to ship more than 19 million digital cameras this year and is doing so profitably.
Profits for the first half of 2006 were $784 million (90.5 billion yen), up from $533 m......
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06/21/06 |
Canon considers halt to film camera development
According to Reuters Canon Inc. said on Thursday that it would consider halting development of new film cameras as it focuses resources on digital models, the latest sign of the rapidly fading role of film in photography.
A spokesman at Canon, the world's largest digital camera maker, said it would consider whether it needs to continue develo......
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05/25/06 |
Canon to develop fuel cells for printers, cameras
TOKYO (Reuters) - Japan's Canon Inc. (7751.T: Quote, Profile, Research) said on Tuesday it has developed tiny fuel cells that it hopes will start replacing conventional batteries to power some of its digital cameras and printers in three years.
Canon will join a small army of companies, including Toshiba Corp. (6502.T: Quote, Profile, Researc......
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10/25/05 |
Sony to cut 10,000 jobs
Sony announced that it will be cutting 10,000 jobs as part of a new restructuring plan. Sony's turnaround plan aims to achieve a group operating profit margin of 5 percent in the 2007-2008 business year. To accomplish this, Sony will book $1.89 billion in restructuring charges.......
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09/22/05 |
HP Exiting Digital Camera Business in Asia
SHANGHAI (Reuters) - Hewlett-Packard Co., the world's number two PC maker, said on Tuesday it will stop selling digital cameras in Asia as it pursues business areas with greater potential in the region.
HP, which last month announced plans to cut 10 percent of its workforce under new Chief Executive Mark Hurd, is leaving the digital camera bu......
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08/02/05 |
Fuji Photo profit down on digital cameras, film
TOKYO (Reuters) - Fuji Photo Film Co. Ltd. posted a 22 percent fall in quarterly operating profit on Friday on weak film demand, a loss in its digital camera business and higher raw materials prices, but the world's second-largest photo film maker stuck to a 3 percent full-year growth forecast.
Fuji Photo has struggled to maintain profitabili......
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07/29/05 |
Sanyo cuts digital camera costs
Struggling Japanese electronics maker Sanyo Electric Co. Ltd. (6764.T: Quote, Profile, Research) said on Monday it was making big strides in cutting digital camera production costs and was on track to hit its output target for this year.
In an interview with Reuters, Morihiro Kubo, head of the company's camera division, also unveiled plans t......
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07/12/05 |
Toshiba to Consider Legal Response in Lexar Case
TOKYO (Reuters) - The head of Toshiba Corp. (6502.T: Quote, Profile, Research) said on Friday the company would consider a "legal response" to a California jury verdict ordering it to pay Lexar Media Inc. (LEXR.O: Quote, Profile, Research) $465 million in punitive damages.......
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06/26/05 |
Japan Digital Camera Exports Down First Time
TOKYO (Reuters) - Exports of digital cameras from Japan fell 0.9 percent in February, declining for the first time due to a sharp drop in shipments to Europe, an industry group said on Friday.
Japanese digital camera exports totaled 3.29 million units in February, the first year-on-year monthly decline since Japan's Camera and Imaging Produc......
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04/02/05 |
Lexar Soars on Legal Victory vs Toshiba
Lexar Media Inc. (LEXR.O: Quote, Profile, Research) shares doubled on Thursday after a court ordered Toshiba Corp. (6502.T: Quote, Profile, Research) to pay more than $380 million in damages to the digital memory card maker on grounds that Toshiba stole its trade secrets.
The San Jose jury in the case on Thursday will consider awarding puniti......
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03/24/05 |
Has the Digital Camera Market Peaked in Europe?
Surging demand for digital compact cameras in Europe is slowing, and Japan's Canon Inc. said on Friday it was focusing on more expensive cameras, printers, and even flat screen televisions. Last year saw digital camera sales in Western Europe increase 58 percent to just over 25 million units, but while that growth may slow to 25 to 30 percent amid ......
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03/19/05 |
Digital Camera Growth to Slow in 2005
NEW YORK (Reuters) - The photography industry expects U.S. digital camera sales growth to slow to about 13 percent this year, as the market matures after growing at a breakneck pace for almost a decade, according to a report released on Thursday.
Unit sales of digital cameras, which use no traditional film and record images on a memory chip, ......
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02/10/05 |
Sony cuts digital camera sales target for 2004/2005
Sony Corp. (6758.T: Quote, Profile, Research) lowered its forecast on Thursday for digital camera sales in the business year to March 31 to 14 million units, compared with its previous estimate of 15 million.......
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01/27/05 |
