Panasonic has announced the pricing and immediate delivery of the world’s first 4K/30fps wearable camera, the HX A500, priced at $399.99. It features a 1.5-inch LCD screen, Wi-Fi and NFC connectivity. The camera yields incredible image quality.
Olympus forecasted that their operating profi t for the first quarter ending on June 30, 2014 would double to 16.5 billion Yen or $162 million, from a year ago.
In order to counter the slump in digital camera sales, Nikon’s incoming Chief Executive Officer Kazuo Ushida (currently the senior executive vice president) said Nikon plans to spend about $2 billion for merger and acquisition in medical and other growth areas for the fiscal year ending in in 2015.