As if in a race to see who can outdo the other in closing down their business, Konica Minolta today announced its withdrawal plans for its camera and photofinishing business. Its announcement makes it the second to exit the market, following HP's similar, if less drastic, departure from the Asian digicam market some five months back.
Konica Minolta's exit comes just a week after Nikon revealed plans to strengthen its digital lineup, and a month before the big annual Photo Marketing Association show in February.
Konica Minolta had earlier made known its intention to scale down the consumer business in July 2005. An agreement was then reached between the company and Sony Corp to transfer a portion of its camera business assets to the latter. Sony also announced it would develop digital SLRs compatible with Dynax lens mount systems, so current users will still be able to use them on Sony's dSLRs.
Amid escalating losses, Konica Minolta has finally decided to throw in the towel for its camera and photo business in a breaking announcement today. As part of its restructuring plan, the company will cut 3,700 jobs from its original headcount of 33,000 worldwide. This whole process will be completed by September 30, 2007.
Closer to home, this decision is expected to affect approximately a dozen employees in Singapore, with the numbers hitting a higher note in Malaysia and Thailand.
So does this mean the end of the Group's consumer business? Yes. The company will from here focus its resources on several fields including the optic, display, medical imaging, and sensing industries.
From April 1 onwards, Sony will implement service operations for Konica Minolta cameras and its related products including lenses and accessories.
Konica Minolta throws in the towel.
Since the announcement of the Intel-Lamborghini notebook collaboration last year, there have been speculations over how a chip maker and automobile manufacturer would design and market their mobile computer. It turns out that ASUS has been chosen as their front man in this enterprise.
The Lamborghini VX1 is available in yellow or black. Polished to a mirror shine, the design of the cover and position of the logo bear striking resemblance to the hood of a car. Though the specifications have not been issued, we are quite sure this notebook will be using the latest Core Duo technology recently launched by Intel. The size of the keyboard suggests the LCD display hovers around 15 inches. Stay tuned for more information.
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What's that about carpel tunnel syndrome? Newton's rodent is too flat out cool not to own one and show off. It's business card-sized, Bluetooth-enabled, and tucks away in your laptop's PC Card slot when not in use. What's more, this award-winning mouse even recharges while napping in its slot. Goes matchingly well with your RAZR phone.
PDAs aren't going to die anytime soon. Still, they're being given a run for their money by smart phones. Canalys reported global shipments of smart phones up 75 percent year-to-year in Q3 2005. Next to them, shipment for standalone handhelds dropped 18 percent, while converged devices more than doubled in volume during the same time frame.
It's no surprise the rugged MC9097 handheld computer looks like a barcode scanner. That's because Symbol Technologies is best known for its barcode scanning devices. The MC9097 is among the heavy-duty wireless products that the company is rolling out in an aim to extend its reach into new markets, including the healthcare sector.