Articles tagged "industry-news"

Demand for CMOS image sensors projected to increase

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

Canon granted third most US patents in 2016

Canon was granted more US patents in 2016 than many high-tech companies, including the likes of Apple, Google and Intel. Read more

Lily Robotics sued over claims of false advertising

Lily Robotics, the company behind the subject-tracking Lily Drone, allegedly used an expensive professional drone to shoot its promotional video, rather than a prototype of the actual device. Read more

VSCO closes up shop in New York to concentrate business in Oakland

VSCO, the company behind popular film emulations tools and a photography app, has confirmed reports that its New York office has been shut down and the employees working there have been laid off. Read more

Company behind Lily drone shuts down despite $34m worth of pre-orders

Despite attracting a lot of attention and pre-orders, the company behind one of the first drones capable of tracking its user is shutting down operations due to a lack of funding. Read more

Nikon's 100 year anniversary video is both amazing and ridiculous

Nikon has been around for 100 years and to celebrate the anniversary its launched a pretty amazing anniversary movie that traces the company's history. There's also a catchy tune. Read more

Kodak CMO says the company is 'looking into' reviving Kodachrome

On the heels of Kodak's announcement that it plans to bring its Ektachrome film back into production, Kodak CMO Steve Overman has revealed that the company is also looking into bringing back another beloved film: Kodachrome. Read more

DJI reportedly takes majority stake in Hasselblad

Reports surfaced this week that DJI has acquired Hasselblad, a year after the companies announced a 'corporate partnership.' Read more

Photojournalists and documentary filmmakers ask camera manufacturers for encryption

The Freedom of the Press Foundation has penned a letter to manufacturers asking them to build encryption into their cameras. The letter is signed by over 150 photojournalists and filmmakers. Read more

GoPro 'restructuring' effort will layoff 200 full-time employees

GoPro's woes continue as it announces another round of layoffs on the heels of a recall of its Karma drone. Read more

Nikon reportedly eliminating 1000 jobs in Japan

Nikkei Asian Review reports that Nikon is cutting 1000 jobs, or 10% of its domestic workforce, over the next two to three years. Read more

Narrative will stop selling its life-logging cameras

Narrative, the company behind the Narrative Clip, has stopped selling its life-logging cameras. Read more

Leica and Huawei to create joint R&D center

Camera manufacturer Leica and telecom brand Huawei have announced they are to create a research and development center so they can jointly work on optical and software systems. Read more

Getty Images asks court to throw out $1B lawsuit

Getty Images has responded to the $1 billion lawsuit filed against it by photographer Carol Highsmith, arguing that she can no longer make copyright claims about the photos because they have been entered into the public domain. Read more

Manfrotto and Benro settle 90 degree center column dispute

Manfrotto and Benro have settled their patent dispute regarding tripods whose center column to be lifted out of the collar and rotated by 90 degrees. Read more

F-Stop abandons KitSentry Kickstarter, doesn't offer backers refunds

F-Stop Gear has announced that KitSentry, the bag it sought (and successfully raised) funding for on Kickstarter, will not be brought to market. Read more

Photo business: the rise and impending fall of social media 'influencers'

An interview with a social media executive paints a pretty bleak picture of the fading 'influencer' phenomenon in which individuals are paid handsomly to promote products to their large social media followings. Read more

Google teams with IMAX to create next-gen VR rigs for the film industry

At its I/O developer conference this week, Google announced a new partnership with IMAX to develop VR camera rigs for the film industry using its Jump VR platform. Read more

Processor designer ARM acquires Apical

Processor designer ARM is hoping to strengthen its position in new markets by acquiring imaging technology company Apical. Read more

Sony expects to restart image sensor production by end of month

Sony, one of the biggest sensor manufacturers for the photographic industry, has announced its sensor plant in the earthquake-hit Kumamoto region will be ready to begin production again by the end of this month. Read more

Sony posts significant imaging division income gains in 2015 financial year-end report

It's not all bad news from camera manufacturers – despite a downward trend in sales, Sony's imaging division finished the 2015 financial year strong, with a healthy uptick in operating income. Read more

Fujifilm facilities resume some production following Kumamoto earthquakes

Fujifilm is slowly but surely bringing a key subsidiary's production facilities back online after earthquakes forced a shut down, and expects to be back at full production by the end of May. Learn more

Interchangeable lens camera sales steady as Canon profits plunge

Despite a 17.5% year-over-year drop in net income in the first quarter of 2016, Canon Inc. says that interchangeable lens camera sales are steady. Compact camera sales continue to plunge, though there is strength in a few areas. Read more

Nikon announces delays for DL-series and other compacts

Nikon has announced delays of some recently announced compacts, including the DL-series compacts, the Coolpix A300/A900, B500/B700 and the KeyMission 360. Read more

Kumamoto earthquake keeps Sony sensor factory shuttered

The major earthquakes that struck Japan on April 14th and 15th have closed Sony's Kumamoto factory, which primarily manufacturers sensors for digital cameras. Read more

Lytro CEO confirms exit from consumer photography business, focus on VR

In a recent blog post, Lytro CEO Jason Rosenthal has confirmed that the company is headed out of the consumer imaging business to focus instead on developing a light field virtual reality platform. Read more

Flickr may be up for sale as Yahoo Board of Directors looks to shed web properties

The future of Yahoo and its many operations, including the photo sharing behemoth Flickr, is uncertain. While Yahoo has not specifically said what properties are up for sale, they have given hints to what a new, slimmed down Yahoo might look like. And it doesn't seem to include Flickr. Read more

Sony may split off its imaging products business

Sony is considering splitting off its imaging products business, according to a new statement from the company. Additionally, its previously announced semiconductor business split will take place next month, placing its image sensors under a wholly owned subsidiary. Read more

Sony camera and sensor business units report drop in sales in 2015

Sony Corp. released its third quarter 2015 earnings report, in which the company discloses notable drops in both camera and image sensor sales. Revenue in the imaging products unit dropped by 5%, due to decreases in units sales of digital cameras. The devices unit had an even larger drop (12.6%) due mainly to a 'significant' decrease in sales of image sensors (as well as batteries). Read more

Corbis Images content to be distributed by Getty

Getty Images is set to become the exclusive distributor of content from its rival, Corbis Images, after a deal in which Corbis was sold to a Chinese company that has a partnership with the Getty agency. Unity Glory, an affiliate of media business Visual China Group, has bought the assets and brands of Corbis Images for an undisclosed sum. Getty Images will represent the Corbis content in all territories outside China, as the two companies have worked together for over ten years to share content. Read more

GoPro's poor holiday sales lead to staff layoff

In its preliminary Q4 financial report this week, GoPro revealed it expects the last quarter's revenue to be about $435 million, a figure significantly lower than $512 million analysts had estimated. Due to poor sales over the holidays, GoPro states it will layoff 7% of its workforce as part of a restructuring effort. Read more

Make-up bracketing and selfie boutiques help shoot Casio to record levels of profit

Casio's TR series of Exilim compacts has propelled the Japanese company to record profitability this year after the cameras caught ahold of the massive Chinese selfie market. According to a report on Nikkei Asian Review, Casio is on track to make a $403 million profit this year, a good part of which has come from sales of its unusually shaped EX-TR compact cameras designed to appeal to female selfie shooters. Read more

Sony finalizes buyout of Toshiba's sensor business

Back in October, Sony announced its intention to buy out Toshiba's sensor business, and today they've sealed the deal. Sony is spending ¥19 billion ($154 million) on the acquisition, which includes technology and a factory in Oita, Japan. Toshiba's 1,100 workers will be offered positions at Sony Semiconductor after the merger closes by the end of the first quarter 2016. Read more

Olympus shows gains in first half financials

Olympus has released its Q2 results for the financial year ending March 2016, showing some positive growth in OM-D and PEN series camera sales in Japan and Europe. Read more

OM-D and Pen sales help bring Olympus' imaging division back to profitability

Olympus has released its financial results for the first quarter of the company's fiscal year, giving credit partly to its Imaging Systems Business for a 12.3% increase in net sales year-on-year. Its OM-D and Pen series cameras saw a 25% increase in sales volume, helping to compensate for a sliding compact market. Read more

Sony reportedly shifting focus to full-frame cameras

Sony is planning to heavily target the full-frame camera market, according to a report from The Korea Times. At a press conference, Sony Korea's Digital Imaging & Alpha Marketing Department head Bae Ji-hoon said that Sony plans to first target current full-frame camera users, then shift toward attracting new customers who currently use 'entry and mid-class models.' Read more

Sensor sales help Sony triple net profit in second quarter

Sales of image sensors helped push Sony to triple its net profit after the second quarter this year, up to 82.4 billion Yen. Sales of Devices, the category containing Sony's sensor business, rose 35% year-on-year, which Sony attributes to higher demand of mobile products containing its sensors. Read more