TOKYO (Reuters) - Sony Corp. said on Friday it would aim for a quarter of the digital single lens reflex (SLR) camera market after acquiring assets for a push into that market from Konica Minolta Holdings Inc.
Konica Minolta announced on Thursday that it would sell a portion of its SLR camera business to Sony for an undisclosed sum, part of its move to pull completely out of the business of selling cameras and photographic film.
The deal was not a total surprise as the two agreed last July to jointly develop digital SLR cameras, which are generally more expensive and offer better performance than simple point-and-shoot compact models, and typically use interchangeable lenses.
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Jan 20, 2006, 04:37 PM
