Sony Corp. will boost production of CMOS image sensors from current monthly production capacity of 88,000 wafers in 300mm including those produced by the third party consigned partners to 100,000 wafers per month by March 2018. Demand for the image sensors are mounting for smartphone cameras, digital cameras and on vehicle cameras. As smartphones popular in China are getting feature-driven especially camera features to take better photos that most users post their photos on their SNS sites such as Instagram and Facebook. In China, dual camera models are getting popular with a high-quality front camera as well as the main cameras to take better selfie pictures. In order to take better selfies, the quality of the front camera is getting important. Image sensors are being used now to detect color wavelength or depth information that the human eyes cannot recognize, to be mounted on cars and for IoT devices. Sony will absorb such demand for industrial use to sell 680 billion worth sensors for fiscal 2017 ending March 2018 and its semiconductor business including LSI chips to sell 880 billion yen with profit in operation to 120 billion yen from 7.8 billion loss in the previous year.
GoPro has recently launched its latest update for the Hero5 camera to support to their latest app and adds better functionalities to the earlier GoPro apps. The new QuikStories app pulls footage from the connected GoPro HERO5 camera and creates stunning videos. This essentially replaces the earlier Quik app with GoPro app, which includes the new QuikStories feature. QuikStories analyses recorded footage and combines them along with the optimal transitions and background score. The created video is ready to be shared. It also has provision to edit the footage and apply custom transitions, background music filters and effects. The new app provides an effortless solution to produce polished and presentable videos. Talking about the latest update, GoPro founder and CEO, Nicholas Woodman said, “QuikStories is our biggest leap forward since the invention of the GoPro itself. QuikStories is the simple storytelling solution our customers have been dreaming about for years. It’s an absolute game changer”. To make a QuikStory, users can pair the HERO5 camera to their phones and launch the GoPro app. The app automatically copies the most recent GoPro footage to the paired phone and creates exciting videos. Users can also add text, slow motion and speed effects, change filters and music, adjust the total video length and more. Additionally, any footage on stored in the phone can be added to a QuikStory video. QuikStories is now available for HERO5 Black and HERO5 Session users.
Japan's leading printer and photocopier maker Konica Minolta Inc. announced at the company will be acquiring Ambry Genetic Corp. - a US diagnostic company, in a deal valued at up to USD 1 billion. This is one of the largest deals for Konica Minolta and the company will jointly carry out the acquisition with the funds provided by Innovation Network Corp of Japan. Konica Minolta, which has a market value of around $4 billion, will account for 60 percent of the investment and the Innovation Network Corp of Japan (INCJ) will provide for the remaining 40 percent. Both the companies intend to enter into the precision medicine segment which is expected to have a great potential for the treatment of cancer. KMI has its own diagnostic technique, utilising a High Sensitive Tissue Testing (HSTT) technology, while Ambry excels in genetic tests for breast, colon and cancers, heart and respiratory diseases, etc. Further, the company will combine its HSTT technology and Ambry's genetic diagnostic technology to offer high-standard cancer diagnostic services and aid the development of new reagents which will help produce new medicines. Talking about the acquisition, Shoei Yamana - Chief Executive Officer of Konica Minolta Inc., said, “Together with Ambry, we will have the most comprehensive set of diagnostic technologies for mapping an individual's genetic and biochemical makeup." The companies expect to complete the necessary procedure for the deal by the end of October, 2017 and post which, Ambry will become a subsidiary of KMI while Ambry's business will be continued in the US.