Articles tagged "industry-news"

Total: 86, showing: 1 – 50
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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.

Polaroid sold to new owner
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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

Modest growth hints that the worst of the camera collapse is over

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

Nikon in legal tussle with ASML and Carl Zeiss over alleged patent infringements

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

Lower cost of image sensor business lifts Sony's annual income estimate

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

Sony is now #2 in the US full-frame interchangeable lens camera market

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 denies Nikkei report that it may leave camera business

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

Drone sales doubled in 2016, premium features help push sales

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's sensor roadmap includes a 150MP medium-format chip for 2018

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

Nikon centralizes optical engineering departments from across the business

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 formally announces 100th anniversary products, still no word on pricing

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

Ming Thein joins Hasselblad as Chief of Strategy

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

Panasonic likely to scale-back camera division, says Nikkei

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 to cut 270 jobs as part of restructuring effort

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

Opinion: Nikon's 'back to basics' approach is a no-brainer

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 cancels DL compact series citing high development costs

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 image sensor sales increase, camera and Xperia sales drop

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

Despite recent stumbles, GoPro still plans to release HERO6 this year

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

Digital camera inventors awarded with Queen Elizabeth Prize

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

Unable to recover from failed Kickstarter project, Triggertrap announces it will close shop

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

Apple selling more Plus models than ever

Apple's upcoming financial results for Q4 2016 show that more consumers than ever have opted for the larger, dual-camera-toting Plus version of the iPhone. Read more

Pictures show how badly earthquakes damaged Sony’s Kumamoto sensor factory

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

Hopes of Kodachrome relaunch put on ice

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

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

Total: 86, showing: 1 – 50
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