SanDisk Corporation received the Thomson Reuters 2012 Top 100 Global Innovator Award for the second consecutive year, in recognition of “Volume, Success Rate, Global Reach and Influence of its Patent Portfolio...” The award, part of Thomson Reuters’ IP Solutions business, honours corporations and institutions globally that are adjudged to be at the heart of innovation, based … [Read more...] about SanDisk receivesThomson Reuters 2012 Top 100 Global Innovator Award
Canon launches 12 new compact cameras
Canon India Pvt. Ltd. launched 12 new compact cameras in April, taking the total number of models available in the country to 40. The launch included the addition of four new WiFi-enabled cameras – the IXUS 135, IXUS 255HS, IXUS 140, PowerShot 3500 IS, and PowerShot N. The new models are the latest offering from the company in an attempt to maintain its leadership presence … [Read more...] about Canon launches 12 new compact cameras
Olympus quits low-end camera business
Olympus announced that it has decided to stop production of its low-end V series of compact cameras, facing increased competition from smartphones with improved photographic capacity. Blaming lower-than- expected demand, Olympus announced that its budget series of compacts will no longer be produced; its other point-and-shoot series, like the more specialized Tough range of … [Read more...] about Olympus quits low-end camera business
Eastman Kodak announces decision to exit still photography business
After many years of being the premiere manufacturer of camera film, Eastman Kodak has finally decided to quit the still photography business. The company announced that it was planning to sell off a large section of businesses, including more than 100,000 photo kiosks globally as well as its professional and consumer still camera film operation. “These are not easy … [Read more...] about Eastman Kodak announces decision to exit still photography business
Sony gets first annual profit in 5 years
Sony revealed that it had taken its first annual profit in 5 years. The weakening Yen made Sony’s products cheaper for overseas buyers, and boosted product sales. The net profit for 2012 was 43 billion Yen, to 31st March, as compared to loss of 457 billion Yen the previous year. Sony has faced troubles in recent years on account of increasing competition and falling prices, … [Read more...] about Sony gets first annual profit in 5 years