Rip - Kyocera , Leica, Pentax
Posted 05 March 2005 - 10:34 PM
As of Wednesday Japan has closed the camera side of Kyocera, doors locked at UK and Europe offices, Japan will no longer support the money losing camera division - Contax will at the momnet still be kept going.
The banks which have kept Leica going for the last 3 years in Germany have told Leica that they will no longer support them, Leica are already well into the red in europe, rumours abound that the tie in with Panasonic will end in a buy out but don't expect much product to be carried on
A lot of roumours are starting to abound that Pentax are also in a cash flow problem and are looking at the camera side to see if it's worth keeping going.
and the plus;
Looks like Konica bought Minolta to keep them going otherwise they would on the list above, HP which is throwing a lot of money from it's printer division to the camera division might be on the look out to buy a troubled camera maker for the name and reputation to brand their products.
all the information came from lots of very well placed people in the trade.
Fez (in the snow)
Posted 21 March 2005 - 10:23 PM
Posted 21 March 2005 - 10:39 PM
Posted 13 October 2005 - 11:57 AM
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