Konica Minolta Takes Toys and Goes Home

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Here's further evidence that camera makers aren't exactly flying high in the new digital age. Looks like the well-known camera maker Konica Minolta is announcing its withdrawal from the camera business on its own, having reached an agreement with Sony last year to jointly develop digital SLR cameras. So, by March 31 of this year, it will "transfer a portion of assets regarding digital SLR camera system to Sony." Not much more information than that, and what we do have is written in a strange, Japanese business manner, without much use of the word "the." Konica will produce paper and film until 2007, but that's about it. Hope they're giving out good packages to employees! Maybe they get two rolls of 35mm film and some Super 8!

Konica Minolta Abandons Photo Industry


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