backtop


Print 4 comment(s) - last by jonnyGURU.. on Jan 20 at 1:18 PM

The company will transfer SLR operations to Sony

There's another shakeup in the camera world to report today. We reported last week that Nikon is for the most part exiting the film camera business to focus on digital. Konica-Minolta has reported today that they are ceasing their camera business altogether.

Last year, the company forged a relationship with Sony to jointly develop digital SLR cameras. Konica-Minolta will now transfer assets related to its DSLR business to Sony effective March 31st, 2006. Sony will then be free to develop DSLR cameras which are compatible with Konica-Minolta's Maxxum/Dynax lens mount system. This will give current Maxxum/Dynax users an upgrade path in the future to Sony DSLR cameras.

Konica-Minolta will also cease its photo film and photo paper business. Operations will gradually be stepped down until production ends on March 31, 2007. Minilab operations will cease on March 31st, 2006.

As a result of the company's massive restructuring efforts, its worldwide workforce will be reduced by 3,700 employees. The company now plans to focus its operations on optics and display devices as well as medical imaging.





Comments     Threshold


This article is over a month old, voting and posting comments is disabled

good bye minolta
By tyildirim on 1/19/2006 1:49:50 PM , Rating: 2
sad news,

Although not being one of the best cameras around, I think dimage x (folded optics) has given alot of insprations to the market. don't forget some of the succesful pro slr's also. good news Sony is one of the best firms around to continue the good heritage minolta has.




"I'm an Internet expert too. It's all right to wire the industrial zone only, but there are many problems if other regions of the North are wired." -- North Korean Supreme Commander Kim Jong-il
Related Articles



Latest Headlines



Most Popular Articles5 Cases for iPhone 7 and 7 iPhone Plus
September 18, 2016, 10:08 AM
Automaker Porsche may expand range of Panamera Coupe design.
September 18, 2016, 11:00 AM
Walmart may get "Robot Shopping Carts?"
September 17, 2016, 6:01 AM
No More Turtlenecks - Try Snakables
September 19, 2016, 7:44 AM
ADHD Diagnosis and Treatment in Children: Problem or Paranoia?
September 19, 2016, 5:30 AM







botimage
Copyright 2016 DailyTech LLC. - RSS Feed | Advertise | About Us | Ethics | FAQ | Terms, Conditions & Privacy Information | Kristopher Kubicki