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Keyword: konica

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  • Japan's Konica Minolta to stop making all cameras

    01/19/2006 12:45:19 AM PST · by HAL9000 · 49 replies · 1,276+ views
    Yahoo News & AFP ^ | January 19, 2006
    TOKYO : Japan's Konica Minolta, one of the world's leading photographic equipment manufacturers, said on Thursday it would stop making all cameras because the market had become too competitive. The company plans to slash 3,700 jobs or about 11 percent of its global workforce by 2007 under a restructuring package that will also see part of its business making high-end digital cameras sold off to Sony. Konica Minolta will also gradually stop making camera film by 2007 to focus on its more profitable optics and medical imaging activities. "In today's era of digital cameras... it became difficult to timely...