CIPA's March 2021 data is out, showing the industry is starting to stabilize after a tumultuous 2020 that saw the COVID-19 pandemic affect nearly every corner of the industry.
Articles tagged "industry-news"
CIPA’s latest data suggests various executives in the photography industry were right when they predicted the camera industry will begin to see a stabilization of sorts in 2021.
CIPA's latest report for global camera shipments shows the camera industry is gaining pace once again in a year marred by the COVID-19 pandemic atop a market already in decline.
Professional photographers use more smartphone cameras now than 12 months ago, but mostly for personal use and specific areas of their business.
Manufacturing capacity in China is reduced, economic output is down, and some factories have closed in Japan due to a shortage of parts. But the photo industry is resilient.
The UK startup has developed a technology that uses machine learning to improve detail and color on digital cameras.
At age 70 Jim Jannard goes into retirement, ending a career that has included Oakley, RED Digital Cinema and its Hydrogen project.
Shares of quantum dot (QD) specialists Nanoco dropped after reports Apple has decided to stop the development of QD image sensors because the technology was too expensive for mass production.
The company says it looking into providing ‘new imaging experiences’ with technologies such as artificial intelligence.
Investor Daniel Loeb wants the business unit to become a completely independent public company with its own stock listed in the Japanese stock exchange.
Google complies with an executive order and resulting blacklists that prohibits US companies to do business with certain foreign entities.
A Canadian company with venture-capital backing has acquired Athentech and says it it planning to invest in artificial intelligence and innovative workflow solutions.
The Japanese company is creating a new Electronics Products and Solutions unit that merges several consumer electronics product lines.
Chinese manufacturer Xiaomi and Light have announced that they'll collaborate in developing smartphone cameras and computational photography technology.
40 percent of Sony's new engineer hires in Japan will be allocated to the company's chip business.
Despite a drop in fourth-quarter revenues and operating profits the Taiwanese company remains optimistic about the adoption of multi-lens camera modules on flagship smartphones.
Kodak Alaris' Paper, Photochemicals and Film (PPF) unit is actively looking for potential buyers.
DJI has published an open letter on its website that provides more information regarding its internal investigation pertaining to alleged corruption and theft.
In an interview with Nikkei, Canon CEO Canon CEO Fujio Mitarai said he expects the ILC market to be cut in half by 2020, says mirrorless cameras are only eating into DSLR sales, not boosting the bottom line.
CorePhotonics is an Isreal-based company and best known for its innovative smartphone camera zoom solutions.
Vitec Imaging Solutions, the company behind Manfrotto, JOBY, Gitzo and others, has announced it's acquiring Syrp, a camera accessory manufacturer that specializes in video motion control products.
Sony is reportedly forming a subsidiary in Amsterdam in an effort to avoid issues as a result of Brexit, but 'business functions, facilities, departments, sites and location of [Sony employees in the UK] will remain unchanged.'
A statement following internal investigation by DJI alleges a number of employee were part of an internal corruption scandal that overcharged DJI for parts and materials.
German company OPC Optics announced that it has acquired the trademark rights to Meyer Optik Görlitz at the insolvency procedure of NetSE in Koblenz.
Nikon has released firmware version 1.02 that resolves a flickering issue when scrolling through images, an ISO limitation problem, and an occasional crash that could occur when displaying certain Raw files.
Sony has announced a new "Alpha Female" program, a creator-in-residence opportunity that will award six-month grants to five female filmmakers and photographers.
Nikon will cease offering Brazil-based customer service and technical support, though the company stresses that it will still offer technical assistance and warranty repairs for valid warranties.
The Getty family is working to regain control of stock photo agency Getty Images, according to multiple reports published late last week.
Despite the associated higher cost, by end of the year 60% of all smartphones sold are expected to feature a multi-camera module.
CIPA's latest figures show a slow summer for camera shipments, which looks especially bad when compared to the industry's stronger performance in July of 2017.
A rising number of multi-camera designs means that sensor suppliers are struggling to meet increased demand.
In a press release issued this morning, Sony announced it has sold more full-frame cameras than any other brand in the US over the past six months, measured both by units sold and by value.
Leica Camera AG is now an investor in Light, the makers of the innovative L16 camera. According to the company, the funding will allow Light to 'expand the reach of its imaging platform beyond consumer photography'
As of July 1st image licensing will function via Getty Images and VCG. Gone is the option to upload images under a Creative Commons license.
Instagram is the fourth Facebook-owned social media app to reach the coveted 1 billion users mark.
DxO Labs announced bankruptcy a few months back, but with a silver-lining: its flagship desktop software, Photolab, would receive a free update by summer. The company also announced that the Nik Software Collection would receive its first update since 2017. As of today, both promises have been fulfilled.
According to a recent investor presentation, Sony intends to occupy the top slot in the overall camera market by the end of 2020, beating back Canon and Nikon by boosting its interchangeable lens systems.
45-year-old photography magazine Shutterbug announced today that it is shutting down its print publication, focusing instead on reaching its readers online as a web-only publication.
The new website and app—developed by Fujifilm USA but available to everyone—will host interviews with X and GFX professionals, run technique articles, and showcase collections of images shot with Fujifilm equipment.
In a leaked internal email, Xiaomi CEO Lei Jun details the creation of a dedicated in-house camera department that will focus exclusively on developing better camera tech for the brand's smartphones.
Nikon Corporation has released financial results for the fiscal year ending March 31st 2018, and the news is good. Thanks to strong sales of the D850 and some restructuring measures paying off, the company reported an 8x increase in overall profit despite a slight drop in revenue.
Overall, CMOS image sensors accounted for 81% of all image sensors sold in 2017, making CMOS by far the most utilized image sensor technology.
In a surprising bit of good news, GoPro's Q1 earnings report exceeded analysts' expectations thanks in part to demand for the new, entry-level GoPro HERO. And CEO Nick Woodman expects more good news in Q2.
In an interview with Japanese TV-channel NHK, a Nikon manager confirmed that a new mirrorless system will arrive by spring of 2019.
The Japanese electronics manufacturer—one of the pioneers in the digital camera segment—is leaving the compact camera market behind after concluding that no market growth or increase in market share can be expected for the future.
Nikon Corporation has warned investors that an assessment of its Belgium-based metrology business based is worth much less than expected, and that they should brace themselves for an 'extraordinary loss' of 10,343 million yen.
DxO Labs has filed the initial proceedings to start the bankruptcy process in France. The company is currently under "judicial administration," which allows it some time to restructure and find a buyer before the liquidation process occurs.
Under the agreement, the two companies will work together to develop Oppo's smartphone camera roadmap, covering optical zoom, depth mapping and other innovative imaging features that dual cameras allow.
The program first launched last year, but only as a temporary promotion limited to previous-generation GoPro cameras exchanged for discounts on current-generation models. This time around, GoPro is accepting nearly any digital camera in any condition.
Photokina has released an official list of confirmed exhibitors for the 2018 expo, quieting rumors that major brands like Canon and Profoto might follow in Elinchrom's lead and skip this year's show.
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