Articles tagged "industry-news"

Total: 109, showing: 1 – 50
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Hasselblad launches 'Rent a Hasselblad' service

With the ‘Rent a Hasselblad’ camera equipment renting program, the camera makers is aiming to give enthusiast and professional photographers easier access to its medium-format photography products.

Kodak will lay off 425 employees after reporting millions in losses

After a rough quarter due to a "print market slowdown," Kodak is laying off 425 employees company wide in an attempt to cut costs.

Corephotonics sues Apple over dual-camera zoom patents

The Israel-based company has filed a patent infringement case claiming Apple has made unauthorized use of its dual-camera zoom technology in the iPhone 7 Plus and 8 Plus.

Nikon will shut down all sales operations in Brazil at the end of 2017

The restructuring continues. Starting January 1st, 2018, Nikon will no longer sell cameras, lenses and accessories in Brazil.

Market report provides interesting insights into camera module industry

Yole Développement's "Camera Module Industry Market and Technology Trends 2017" report finds the industry is still mostly driven by mobile.

GoPro Q3 2017 financial results reveal return to profitability

GoPro announced Q3 revenues this week, and for the first time in a very long time, the company is profitable! Between restructuring efforts and Hero6 sales, it seems the company is turning itself around.

Nikon shuts down camera factory in China, blames 'the rise of smartphones'

Nikon has decided to close a subsidiary and its camera & lens factory in China due to the "rise of the smartphone" and the "rapidly declining" compact camera market.

InVisage reportedly acquired by Apple

It appears InVisage, which developed a new image sensor architecture for increased light capturing capability, has been taken over by Apple.

Sony to shift focus as demand for automotive image sensors increases

Sony is expected to shift some of its CMOS sensor production capacity from mobile devices to automotive.

Sigma expands product warranty to cover hurricane damage from Harvey, Irma and Maria

In the aftermath of hurricanes Harvey, Irma and Maria, camera and lens maker Sigma is extending its standard product warranty to cover damage caused by these three natural disasters.

Canon hit two milestones today: 90 million cameras and 130 million lenses

Kudos to Canon. Earlier today, the camera giant announced that it had produced its 90 millionth EOS camera and 130 millionth EF-series lens.

Nokia pulls the plug on the Ozo VR camera, will lay off up to 310 employees

Due to 'slower-than-expected development of the VR market,' Nokia has decided to pull the plug on its $25K Ozo VR camera while it restructures the company and sheds as many as 310 jobs.

Calumet UK and Wex Photographic will officially merge tomorrow

Calumet UK and Wex Photographic, two of the biggest photography retailers in the United Kingdom, are going to officially merge tomorrow.

Manfrotto owner Vitec has acquired Lowepro and JOBY for $10.3 million in cash

Vitec, the company that owns popular accessory maker Manfrotto, has just acquired JOBY and Lowepro for a cool $10.3 million in cash. The acquisition adds JOBY and Lowepro to Vitec's already sizable collection of camera gear brands.

Adobe announces record-breaking $1.84 billion in revenue for Q3

Adobe's move to a subscription model is treating it very well indeed. The company has posted record revenue for the second quarter in a row, hauling in a mind-boggling $1.84 billion.

Report: Blackstone working with Morgan Stanley to sell 45% Leica stake

More details have emerged about the potential sale of Blackstone's 45% stake in iconic camera brand Leica.

Nikon Asia accused of sexism over D850 promotion that featured 32 men and 0 women

Nikon Asia is being criticized from all sides today after a huge Nikon D850 promotion it hosted featured 32 male photographers... and exactly 0 women.

Polaroid is back! Unveils OneStep 2 instant camera and i-Type film

Goodbye Impossible Project, hello Polaroid Originals! The new Polaroid Originals brand brings the Polaroid of old back from the dead with new i-Type instant film and the OneStep 2 analog instant camera.

Kodak will bring back Ektachrome film this year, start selling it in 2018

Film photography lovers have something to celebrate. It seems Kodak will be resurrecting its famous Ektachrome film this year, with full production slated for 2018.

The Lily Drone is back: Gets a makeover, better features and a new parent company

The ill-fated Lily Drone has been resurrected by a company called Mota Group, and re-released with better looks, additional features and a new name: Lily Next-Gen.

Canon to launch new, partially-automated camera plant in Japan in 2019

The new plant, which will be more than 70% automated, will mark the first time Canon has built a camera production facility in Japan since 2010.

Lexar acquired by Chinese flash storage maker Longsys

Longsys, one of China's foremost manufacturers of consumer flash storage, has officially acquired the Lexar trademark and branding rights from Micron Technology, Inc.

Shutterstock's new watermarking system foils Google's AI

That didn't take long. Less than a week after Google published some research showing how an AI could automatically remove watermarks from stock images, Shutterstock has already strengthened their system so it's immune to this kind of theft.

Nikon delays 100th Anniversary D5, D500 and lenses over logo printing issue

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.

Instagram and Snapchat expected to hit $10B and $3B in revenue by 2019

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 financials show strong growth ahead of Fusion and HERO6 launches

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.

Report: Bowens employees not paid for July, told they must continue to work unpaid (UPDATED)

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.

Report: 45% of Leica is up for sale, and Zeiss is interested

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.

Sony financial report tops estimates thanks to smartphone sensors and earthquake recovery

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.

End of the line? Nikon 1 mirrorless system may be discontinued

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?

Leica Chairman Andreas Kaufmann says he wants a 'true Leica phone'

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.

Confirmed: Bowens is going out of business

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

Photokina 2019 dates announced
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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.

Bye bye Bowens: The 94-year-old lighting company is going into liquidation

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

Canon opens its 'most advanced' service & support center yet in Burbank

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."

Bic Camera will soon accept Bitcoin at retail stores throughout Japan

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.

Panono buyer saves the brand, will continue making its 360° ball camera

Troubled tech company Panono and their odd 360° ball camera will live on to shoot another day. The investment company that purchased the Panono brand says it will continue all services 'without disruption'.

CIPA figures for May show more good news for camera makers

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

Hasselblad to open first own branded retail store

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

Lexar discontinued: Micron announces the end of Lexar memory cards

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 achieves record revenue

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

Report: Ricoh announcing cost cuts in face of crisis

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

Verizon officially acquires Yahoo including Flickr

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

Fujifilm earning report indicates strong sales of X-series, lenses and GFX 50S

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.

Rumor: Japan's government wants Fujifilm to buy a stake in Nikon

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.

A Seattle brick-and-mortar camera store offers hope for a challenged industry

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 is preparing its sensor business for a stronger yen

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 still third globally but bullish about 2017 prospects

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.

Global action camera market expected to grow 15% by 2021

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

Nikon reshuffles management structure

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

Total: 109, showing: 1 – 50
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