Could this be the end?

Damian Koh | May 26, 2006

Canon Inc. is considering laying off the development of new film cameras as it focuses resources on its digital camera business. This "consideration" comes after the exit of Konica Minolta from the camera and photo-finishing business with Nikon also pulling the plug on its analog cameras early this year.

At the time of writing, nothing is affirmative but Canon has told Reuters it will continue to produce and sell existing models before deciding on the viability of this business in the future while monitoring market demand.

A representative from Canon Asia-Pacific we spoke to said the company was in the midst of getting more details from Canon Inc.

Filed under: Digital Cameras
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