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

that will be a first...
By niknik on 1/19/2006 7:29:09 PM , Rating: 3
Raise you hand to get the first "rootkit inside" digital camera! :)

Well, I always liked Minolta (I have one of their Maxxum/Dynax models)... it's sad to see them leave the market.




"If you can find a PS3 anywhere in North America that's been on shelves for more than five minutes, I'll give you 1,200 bucks for it." -- SCEA President Jack Tretton

Related Articles













botimage
Copyright 2014 DailyTech LLC. - RSS Feed | Advertise | About Us | Ethics | FAQ | Terms, Conditions & Privacy Information | Kristopher Kubicki