Articles tagged "industry-news"

40 percent of Sony's new engineer hires in Japan will be allocated to the company's chip business.

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.

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.

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.

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.

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.

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.

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.

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.

If you look at the cameras used to shoot the winning photos in the prestigious World Press Photo 2018 competition, you'll see that DSLRs dominated over mirrorless, and Nikon dominated over everyone.

Details on the potential buy-out are sparse at this point, but a report claims the deal could be worth as much as $1 billion. GoPro has been struggling lately, so no surprise the company's stock price spiked 8.8 percent on this news.

Swiss lighting manufacturer Elinchrom has officially announced that it will "take a breather" from this year's Photokina trade show, and according to industry rumors, other brands like Profoto might follow suit.

Leica's prices are about to go up in the USA. Starting May 1st, expect to pay hundreds more for 66 different Leica products including most Leica M cameras, nearly all Leica M lenses and more.

CIPA has released its February report, which shows DSLR shipments pretty much flat, mirrorless camera shipments down by nearly 16%, and compact camera shipments down by almost 45%. Combined, that makes for a 27% drop in overall digital camera shipments.

It's official. Light field company Lytro has announced that it is shutting down just one week after TechCrunch reported that Google was planning to buy the company for $40M. But it seems Google is more interested in the company's employees than its light field technology...

GoPro has inked a multi-year licensing deal with manufacturing services company Jabil that will allow Jabil to incorporate GoPro sensor modules and camera lenses into third-party products.

In a ‘the world’s gone crazy’ role-reversal Sheeba magazine's submission guidelines specifyl that photographers lucky enough to have an image selected for the cover will have to pay $860 for the privilege of having it used.

A report from the National Endowment for the Arts shows that photography and photo-finishing services contributed $10.2 billion to the US economy in 2015.

According to unnamed sources, Google will acquire Lytro's technology and patents, with Lytro employees already having left the company.

The company posted a record quarterly revenue of $2.08 billion for the first quarter of the 2018 fiscal year. That represents incredibly healthy year-over-year growth of 24 percent.

In the job posting, the Times' describes this role as "one of the most important and high-profile jobs in visual journalism." If you're looking for a high profile job in photojournalism, you could do a lot worse than being Photo Director at The Gray Lady.

According to a recent report out of South Korea, Samsung is increasing production of its ISOCELL image sensors in a bid towards market leadership for image sensors. To reach this goal, Samsung will have to dethrone current market leader Sony... no small task.