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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.



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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.




"What would I do? I'd shut it down and give the money back to the shareholders." -- Michael Dell, after being asked what to do with Apple Computer in 1997

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