Digital Camera Shipments Fall
It’s not all good news for the digital camera boom, as a report by RBC Capital Markets Inc. has indicated that digital camera shipments from Japan dropped by 6% in July. Japanese vendors make up an estimated 80 percent of the market. The biggest geographic slowdown was in Europe and North America, down 9 percent and 8 percent respectively.
“The majority of the weakness is attributable to lower-end cameras [below 4-megapixals], with year-to-date shipments down 10 percent to 13 million. “We are not wholly surprised by the continued softness as we believe the industry continues to rationalize excess inventory exiting Q2, as noted by both Sony and Canon,” according to the report.”
Website: EE Times UK - Digital camera shipments down 6% in July