Trouble for Nikon?

Started Mar 17, 2014 | Discussions thread
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Graham Hill
Senior MemberPosts: 1,355Gear list
Re: Trouble for Nikon? No, very big trouble!!
In reply to Rich Rosen, Mar 18, 2014

Rich Rosen wrote:

Its not only CNN and CCTV that is reporting this story. Reuters, Wall Street Journal, IndiaTimes are all reporting this story. Stock market prices for Nikon are to down 4.2% on Mondays opening in Tokyo. to a 5 week low. How relations between China and Japan have effected this situation is no longer mitigating factor. What photographers have been aware of since 2012 is now a major news story. I would say that Nikon is in very big trouble. Nikon's reputation is taking a big hit. The ability to raise funds in the market place and to sell to its customer will be adversely effected.

Absolutely true.  Nikon is in serious trouble.  China is one of THE largest camera markets in the world and the press that they are getting here is horrific, absolutely horrific.  This is a PR catastrophe of the highest order for a camera maker.  An absolute gold mind for Canon and Sony, which is also very popular here in China.

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