Digital Camera Sales Slow in Japan
Bloomberg are reporting that the sales of digital cameras in Japan have not been as high as predicted. Shipments will increase by 8.4% this year, according to the the Camera & Imaging Products Association, which is lower than the previous estimate of 21%. A saturated Japanese market is largely to blame: “Sales aren’t rising as much as the association had expected in part because about half the Japanese households already have digital cameras, the report said. “ It’s not all bad news, however, as shipments still increased by 37.7% last year.
Website: Bloomberg - Japan’s Digital Camera Shipments May Miss Forecast