61.5 million digicams from Japan in 2004

According to a news article on Nikkei Electronics today the six major Japanese manufacturers expect to ship 61.5 million digital cameras in 2004. Sales for financial year 2003 topped 40 million units which is an increase of 71% over financial year 2002. Of all the manufacturers Canon posted the best improvement, a 100% increase year on year with an estimated 76% increase coming this year. Matching Canon will be Sony who expect to ship 15 milliion units, closely followed by Olympus with 11 million. Most interesting is that Canon and Nikon combined expect to ship more than 1 million digital SLRs in 2004, considering their higher price it's certainly shaping up to be a lucrative market for them.

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