backtop


Print

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.





"So if you want to save the planet, feel free to drive your Hummer. Just avoid the drive thru line at McDonalds." -- Michael Asher
Related Articles



Latest Headlines
How Apple watch Series 2 differ from the S1
February 18, 2017, 5:37 AM
Chuwi LapBook
February 6, 2017, 6:49 AM
LG Watch Style
February 5, 2017, 8:00 AM
New iMac and Release Date
February 4, 2017, 9:30 AM



Most Popular ArticlesNew iMac and Release Date
February 4, 2017, 9:30 AM
UMi Plus E – Powerfully Breaking Through 2017
February 15, 2017, 7:30 AM
Can your smartphone make you a safer driver?
February 15, 2017, 6:20 AM
Nvidia Titan X – Still The Ultimate Graphics Card
February 16, 2017, 6:16 AM
How Apple watch Series 2 differ from the S1
February 18, 2017, 5:37 AM







botimage
Copyright 2017 DailyTech LLC. - RSS Feed | Advertise | About Us | Ethics | FAQ | Terms, Conditions & Privacy Information | Kristopher Kubicki