Konica Minolta Pulls Plug on Camera, Film Business
This announcement comes on the heels of Nikon ceasing to make traditional film cameras..
A Reuters newswire article by Nathan Layne, via Yahoo! News, reports that:
Japan's Konica Minolta Holdings Inc. said on Thursday it would withdraw from the camera and color film businesses, marking the end to one of the best known brands in the photography world.
As part of the surprise move, Konica Minolta said it would sell a portion of its digital single lens reflex (SLR) camera assets to Sony Corp. for an undisclosed sum and cease production of compact cameras by March.
posted by Fergie @ 1/19/2006 06:29:00 AM
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