Articles tagged "industry-news"

Nikon has issued a delay and apology regarding their 100th Anniversary D5, D500, and Triple Lens sets. Due to a logo issue, the company is being forced to delay shipments until October.

Citi Research predicts that Snapchat and Instagram are going to bring in huge revenues by 2019. They believe Instagram will hit the $10 billion mark, with smaller Snapchat earning a not-insignificant $3 billion.

GoPro's financial fortunes have finally made a turn for the better. After multiple rounds of layoffs, cuts and restructuring work, the company's Q2 2017 financial results showed strong growth.

Bowens employees are reportedly furious at how the lighting company's liquidation is being handled, claiming they were not paid for July and are required to continue working, without pay, for the duration of the process.

Huge news out of the photo industry today. It seems Blackstone is considering selling their 45% stake in Leica Camera, and Zeiss is one of the potential buyers... but only if they can buy a majority stake.

The fortunes of Sony’s camera division have taken a turn for the better with a rise in first quarter sales and operating income thanks to 'high-value' cameras and booming smartphone sensor business.

The Nikon 1 AW and 1 V3 mirrorless cameras are no longer available to order, and the Nikon 1 J5 is only available while supplies last. Is this the end of the Nikon 1 line?

In an interview with CNBC, Leica Chairman Andreas Kaufmann said he dreams of a 'true Leica phone,' and hinted at what's next for the Leica and Huawei partnership.

It's official. PDN has confirmed with parent company Aurelius that 94-year-old lighting company Bowens is indeed going out of business.

2018 is the last year Photokina will take place during the traditional end-of-September dates. In 2019, Photokina will take place from the 8th to the 11th of May.

And another one bites the dust... according to several independent reports, 94-year-old lighting company Bowens has entered liquidation.

Today, Canon is celebrating the grand opening of a new service & support center in Burbank, California—the company's 'most advanced cinema industry resource to date."

Major Japanese electronics retailer Bic Camera will soon accept Bitcoin as payment at all of their retail locations. If this trend catches on, you might be buying your next camera with cryptocurrency.

The number of cameras made and shipped by manufacturers continues to grow, spelling some positive news for the photo industry.

The new store will be located at the Fotografiska center for contemporary photography in Stockhom, Sweden and carry the full range of Hasselblad products.

It's the end of an era. Parent company Micron has announced that they are discontinuing the Lexar retail brand. This includes 'memory cards, USB flash drives, readers, and storage drives.'

Adobe reports a record quarterly revenue of $1.77 billion for the second quarter fiscal year 2017 ended June 2, 2017.

According to a report by Nikkei Ricoh is facing its biggest crisis ever and will have to cut costs in order to survive.

Verizon is planning to combine AOL, Yahoo and a few of its other subsidiaries into a new ad platform called Oath.

The Fujifilm earnings report shows increased sales figures of both X-Series cameras and lenses and the GFX medium format system but an overall revenue decrease for the imaging solutions division due to currency fluctuations.

Take this rumor with a very big grain of salt: Japanese magazine, Sentaku, seems to be reporting that the nation's government wants Fujifilm to purchase a stake in Nikon to keep the brand Japanese-owned.

What can other shops learn from the success of Glazer’s, an 80-year-old camera retailer located in the heart of Seattle’s most 'techie' neighborhood?

Sony plans to make its semiconductor business unit less reliant on volatile demand from the smartphone sector by cutting costs, boosting production yields and increasing sales of sensors for cars.

Sony is the world's leading mirrorless camera brand but remains third for ILCs overall, it's said in a presentation to investors. A focus on high value cameras and lenses should boost operating income, it says.

A new report expects action camera growth to increase about 15% by 2021, with Ultra HD cameras driving demand.

Nikon today announced a reorganization of its corporate structure which will see several divisions and business units closed or merged.

PLR IP Holdings, LLC and its Polaroid brand have been sold to a Polish investor who owns a majority stake in the Impossible Project. Read more

It might not be much, but the latest industry figures from trade body CIPA suggest the camera market may have finally bottomed-out. Read more

On Monday, Nikon initiated legal action against ASML and Carl Zeiss AG over semiconductor lithography patents. Now the two companies have teamed up to counter-sue Nikon. Read more

Sony has adjusted its income estimate in part thanks to lower-than-anticipated costs for its image sensor business. Read more

Sony has announced that it is now ranked second in the U.S. full-frame interchangeable lens camera market, a position formerly held by Nikon. Read more

Ricoh has issued a response to a report from the Nikkei Asian Review, denying that the company is considering leaving the consumer camera business. Read more

According to a report by analyst firm The NPD Group, U.S. dollar sales of drones more than doubled in the 12 months ending February 2017 and premium features are in high demand. Read more

Sony semiconductor is planning to launch several medium-format image sensors with 100 or 150MP resolution in 2018. Read more

Nikon Corporation has announced that it is to bring all its optical engineering facilities under one roof with the establishment of a single division to service the needs of the whole organization. Read more

Nikon has formally announced a range of special-edition products to mark the company's 100th anniversary. First shown at the CP+ show back in February, we'll have to wait until June for pricing and availability information. Read more

Hasselblad has announced that commercial photographer and blogger Ming Thein has been appointed its Chief of Strategy. Read more

Panasonic is likely to significantly scale-back its camera business, according to a report by Japan's largest business newspaper. The Nikkei Asian Review says the move is one of the proposals of a report prepared by the company's business planning department. Read more

GoPro plans to eliminate another 270 jobs, the company revealed in its Q1 2017 guidance report, via a combination of layoffs and open position cancellations. Read more

In its first public statement to the Japanese press since the DL-line cancellation, Nikon states that it will be focusing on medium-and-high end DSLR cameras, lenses and mirrorless cameras. To that, we say: it's about darn time. Read more 

Nikon has officially put an end to the DL series. Announced just under a year ago, the three DL compacts would have had 1" sensors, and were originally set to ship in June 2016. Read more

Sony's quarterly results show an increase in image sensor sales, but smartphone and digital cameras sales have both decreased. Read more

Despite recent troubles with its HERO5 action-cam and Karma drone, GoPro is still on track to release the Hero6 in 2017. Read more

Four key scientists in the development of digital imaging technology are sharing one of the most prestigious prizes in engineering. Read more

One of the pioneers in the area of smart camera triggers, Triggertrap, has today announced in a blog post that it will cease operations in the near future. Read more

If you wondered why it took Sony so long to get back on its feet after an earthquake hit its sensor fabrication plant in Kumamoto, this picture taken in the aftermath might give you a clue. Read more

Hold your horses, all you would-be Egglestons: Kodachrome probably isn't about to make a comeback. Read more

Thanks to new applications in mobile devices as well as the automotive and security industries, the global demand for CMOS image sensors is growing. Read more