Reuters: Nikon Diversification

Started 11 months ago | Discussions thread
yfan
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Re: Better Late, then Never. Can't be a Pure Camera company when camera sale plummet
In reply to 007peter, 4 months ago

007peter wrote:

justmeMN wrote:

"(Reuters) - Nikon Corp said it has set aside 200 billion yen ($1.96 billion) for mergers and acquisitions in medical and other growth fields, as part of its midterm strategy plan announced on Tuesday."

http://www.reuters.com/article/2014/06/17/idUST9N0NT01L20140617

Good for Nikon, better late than never.

Camera sales has plummeted to oblivion in 2013, it will only get worst @the end of 2014. It is important to have other DIVERSIFY business to sustain this market recession. Sony has TV, PS4, Moves, Musics, Insurance (most profitable unit); Panasonic has automotive, avionic, Professional Camcorders, and even toaster to keep it afloat.

Instead of conceding market to cellphones, I wish Japanese camera makers get serious about making a CELLPHONE. I want Canon Point/Shoot quality inside my cellphone! If you can't beat them, joint them.

No, you can't have canon P&S in your cellphone. But you can have cellphone in your P&S.

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