According to Canon's 2024 corporate strategy, the Japanese camera behemoth has several goals for the next two years, not the least of which is to "achieve overwhelming number one share in mirrorless camera market."
Chinese lens manufacturer Vazen has shut down less than five years after optical engineer Weizhen Liu founded it.
The Associated Press (AP), winner of 58 Pulitzer Prizes and one of the world's most essential and significant news agencies, has named veteran photojournalist Lucy Nicholson its next Director of Photography. Nicholson is the first woman ever to assume the role.
Leica's continued focus on premium and luxury products appears to be working very well as the company has set a new sales record.
The annual BCN Awards provide a reasonably good indication of what cameras and lenses proved popular in the year past, and the BCN Awards 2024 show that some familiar faces sold a lot of photography equipment last year.
The Los Angeles Times reports that it has begun laying off employees on Tuesday, with at least 115 newsroom staff slated to be let go. The cuts amount to more than 20% of the newsroom, which comprises writers, photographers, and other vital positions.
The BeBop Channel has filed a lawsuit in Massachusetts against Ziplin Group, LLP and its owner, Jeffrey Wolk, over BeBop's acquisition of Madavor Media early last year.
Despite Samsung, OnePlus, Google, and others heavily emphasizing folding smartphones, the hardware remains widely unpopular and make up barely 1% of the entire smartphone market.
Panasonic Connect Co., Ltd. and Panasonic Entertainment & Communication Co., Ltd. (PEAC) announced that they are reorganizing by consolidating the Professional AV business and Panasonic Visual Co., Ltd. Panasonic explains that this move is in response to the ever-growing video content creation market.
Adobe and Figma started the week by halting their $20 billion merger. Adobe had to pay Figma $1 billion for the acquisition termination.
After 15 years of publishing photography industry news, the Australian website Inside Imaging has announced that it is shutting down.
Adobe has abandoned its $20 billion takeover bid for design platform Figma. The prolonged acquisition attempt has been wrought with regulatory opposition in the United States, European Union, and United Kingdom.
Adobe has capped its massive 2023 year with a record: it has achieved revenue of $5.05 billion in the fourth fiscal quarter, the first time it has exceeded $5 billion in a single quarter of the company's history.
Nearly half of the people who have bought the Panasonic Lumix S5 II and S5 IIX are in their 20s and 30s, much younger than Panasonic expected ahead of the cameras launching early this year.
A Japanese camera store has updated its sales floor and strategy in response to not only greatly growing demand but also consumer buying trends. It has also noted that what buyers want is becoming increasingly polarized.
Michigan-based Photo Systems will bring Kodak Professional-branded development chemicals back into production after Sino Promise, the Chinese holding company that previously held the license, exited the photo chemical business this past April.
Nikon has released its financial report for the most recent quarter, showing an overall positive growth trend for interchangeable lens digital cameras.
Hasselblad needs no introduction. Ever since the launch of its 500C, the boxy, modular medium-format waist-level SLR has defined the output of genres ranging from street to fashion photography throughout the mid-20th century and beyond.
After California signed its "Right to Repair" bill into law, tech giant Apple today has come out in full support of a nationwide federal law and is ready to share tools, parts, and documentation with consumers and repair shops.
It’s fascinating to look back over my 10+ years as a wedding photographer and see the evolution the industry has gone through. That’s not to mention all the drastic changes that happened before my time. It makes one wonder what it will be like to be a wedding photographer in the future.
Major United States chipmaker Western Digital (WD) is finalizing plans to "spin off its semiconductor memory business" and merge with Japanese company Kioxia Holdings Corporation.
Yesterday, Blackmagic Design announced its first-ever full-frame cinema camera, the Cinema Camera 6K. The camera is significant for many reasons, not the least of which is that the full-frame camera sports an L-Mount, marking Blackmagic Design's entry into the growing L-Mount Alliance.
The Royal Photographic Society (RPS) surveyed its members about their views on generative artificial intelligence (AI), how these AI models are trained, and how AI affects the value of photography.
This week, Adobe announced the public release of Adobe Firefly, the company's generative artificial intelligence platform, and updates to Premiere Pro. Adobe has also announced a price hike for Creative Cloud subscription plans and record revenue for its third fiscal quarter this year.
Chinese company Gpixel has expanded its CMOS sensor portfolio with a new 43-megapixel APS-style image sensor capable of recording 8K video at up to 60 frames per second.
Today, most of the consumer-grade camera landscape is dominated by less than half a dozen brands. Canon, Sony, and Nikon take the lion’s share in terms of sales and public recognition, while almost all the gaps are filled by smaller companies like Fujifilm and Pentax.
Tamron has announced that its President and CEO, Shiro Ajisaka, has resigned. Mr. Ajisaka is currently under investigation for allegedly using company funds for personal gain.
Eastman Kodak will continue to manufacture film as long as there is demand for it, the company's executive chairman said on a conference call to shareholders this week.
Zeiss has clarified its position in the photography market and soundly denied allegations that it is leaving the photography industry. That said, don't expect a follow-up to its Android-powered ZX1 camera.
Nearly three months after DPReview announced its imminent shutdown, and more than two months after DPReview was initially slated to shut down and go offline, the beloved publication has found a new lease on life.
According to a new report, Zeiss appears poised to fully exit the photography industry this year and will cease production of cameras and lenses.
According to a Meta spokesman, Facebook and Instagram will block news articles in California if state lawmakers pass a proposed bill, the California Journalism Preservation Act.
Just about every industry has been touched by some form of supply chain issue in the past few years and photography has been no exception. But black and white film photographers might be taking the brunt of them soon.
The monochrome digital camera is an odd beast - something talked about in revered terms - with echoes reverberating from those hallowed Leica halls because it is only Leica that had dipped its toe in the proverbial monochrome waters... until now.
A former Sony camera developer says that part of the company's strategy in the early days of mirrorless was to lull brands like Canon and Nikon into a false sense of security that the new technology wouldn't be as good as DSLRs -- until it was too late.
Following the announcement on March 21 that DPReview.com will be shutting down on April 10, the website has been publishing a series of retrospective articles, including a new "DPReview by the numbers" slideshow that puts into perspective just how much amazing content its team has published over the years.
Innovation from Canon got me into photography, but sadly Canon and its competitors lost their way.
What Canon says and does is important to the camera industry because it is so dominant across large swathes of the sector. And as a publicly listed company, it is required to publish both its financial results and business strategy going forward. Canon recently updated its medium-term strategy, so where does it see itself in five years' time? In one word: dominant. More importantly, what does this say about the future for everyone else?
Chris Niccolls and Jordan Drake are joining PetaPixel and will lead its new YouTube Channel. The two have been a mainstay in the photography industry for more than a decade as hosts for first The Camera Store and then DPReview.
Camera manufacturers have long told us that the future was mirrorless and - as if there was any doubt - Canon and Nikon even joined the party as far back as 2018, yet compact cameras and DSLRs have stubbornly refused to die. With 2022 well and truly over, we can now safely say that it was the year of the mirrorless camera and this marks some profound changes across the board for the industry as a whole.