Reports suggest that Samsung Electronics will be investing approximately 2 trillion yen by 2021 in order to boost the flash memory production, at its factories in Korea. Samsung intends to secure the top position in the flash memory segment, while Toshiba is still in the process of selling its flash memory business unit— Toshiba Memory. Samsung will be investing in new product lines including its latest NAND type flash memory. The company's production capacity is expected to grow twice by 2021 with this additional investment. According to Research company, IHS Technology, in 2016, Samsung grabbed the top share in the flash memory market with 35.2%, followed by Toshiba 19.3%, Western Digital 15.5%, Micron Technology 12.0%, SK Hynix 10.1% and Intel 6.9% in terms of value.
India’s first online digital platform ‘Pixlent.com’ was launched on the occasion of World Photography Day in Pune by landscape & fine art photography expert, Lalit Deshmukh at Sumant Moolgaokar Auditorium. Pixlent.com is conceptualised and designed by Dr. Yashodhan Joshi. In the inaugural speech he said, “The main motive behind this concept is to develop the skills behind the lens and to bring aspiring photographers and passionate photography experts together for the sole purpose of professional photo reviews and critiquing”. The first segment of the launching event had a group discussion amongst Pixlent experts who are also some of the best names in photography. It was moderated by Prashant Desai. The topics for the discussion were: What goes into taking a good shot and how to give your photo the extra edge. The experts also shared their stories and talked on the journey of Film Photography to Digital Photography. The second segment of the program contained Live Photo Critiquing On Pixlent.com by Lalit Deshmukh and fashion and glamour photographer Sameer Belvalkar. Experts also answered the questions asked by the audience. The program ended with the vote of thanks given by Sameer Belvalkar. The show was hosted by Tejashri Dharane.
Nikon Corp. announced on August 3 the financial results for the first quarter ending on June 30, reporting that the total revenue for the period gained a 0.6% year-on-year to 170.3 billion yen, profit in operation declined 31.1% to 12.4 billion yen and net profit down 39.5% to 8.89 billion yen. In the Imaging Products segment, sales of mid-class cameras such as the D7500, a digital SLR camera released in June this year were firm, with unit sales increasing significantly in the U.S. Accordingly, the performance in revenue and operating profit exceeded the planned targets, but compared to the last year, a decease in revenue and operating profit was recorded due to a product mix change caused by the stagnant demand for the D5 and the D500. The company sold 720,000 units of interchangeable-lens cameras, 1.08 million units of interchangeable lenses and 770,000 compact digital cameras. The company said the unit sales of compact digital cameras declined but the average unit price rose about 30%.