industrynews

Nikon, Leica and Olympus are Not Going to Attend Photokina 2020 – Photography Article

Photokina is still the world’s leading imaging expo, but changes to its structure and a struggling industry may be pushing participants away. In a press release published to the expo’s website, the trade show’s organizer Koelnmesse revealed that Nikon, Leica and Olympus have all chosen to skip Photokina 2020. The announcement strikes a grim-but-hopeful note, under the headline “Photokina 2020: An Industry in Transformation, a Decisive Chance for the Future.” Stand: Leica, Halle2.2 “The imaging industry is currently undergoing massive…

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Sony Will Be at PhotoPlus Expo 2019 – Photography Article

PhotoPlus 2019 is only a month and a half away, meaning the exhibitor list and floor plan should be all-but-finalized. Which is why it was shocking to discover that there is no Sony booth on the floor plan, and the company is not listed as an exhibitor either. However, Sony tells PetaPixel that they WILL be at the show. The omission was spotted by the eagle eyed folks at PhotoRumors, who checked the official PhotoPlus Expo website yesterday, and found…

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Sigma is Giving Up on the Pentax K-Mount to Focus on Mirrorless Lenses – Photography Article

Sigma has officially announced its intention to stop producing lenses for the Pentax K-mount. Due to the dwindling number of Pentax users, says Sigma, the brand will shift focus and resources towards developing lenses for mirrorless cameras. The news first appeared on the Sigma Czech Republic Facebook page, where the brand announced that it has decided “to completely end the production of Pentax K-mount lenses this fall” in order to “focus more on developing and supporting mirrorless systems, which they…

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Nikon CEO Expects Imaging Business Profits to Grow 80% in Three Years – Photography Article

In a recent interview with Japanese publication Nikkei, Nikon CEO Toshikazu Umatate admitted that imaging profits have fallen to one-sixth of their peak in 2012, but painted a more hopeful picture for the near future. These days, financial reports and interviews from camera companies frequently read like death omens and dire warnings. The current climate is always “shrinking” and any hopeful statement is usually tempered by the assertion that the market will continue to shrink for the foreseeable future. But…

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