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%.
Samsung India launched the Samsung Galaxy On Max, a device which is equipped with a camera that specialises in low-light photography. Powered by a 2.39GHZ, 1.69GHz Octa-Core processor, the smartphone comes with a 3,300mAH battery and 4GB RAM. It has 32GB internal memory and a micro-SD slot (expandable up to 256GB). | Galaxy On Max features a 5.7" FHD display and metal uni-body | design.The Galaxy On Max comes with a 13MP (front and rear) camera and features its flagship f/1.7 aperture on the rear camera. The Social Camera Mode in the On Max allows users to click pictures with live stickers and filters that can be edited and shared instantly. The smartphone also features Samsung Pay Mini, a safe and secured payment system. The cost of Galaxy On Max is INR 16,900, and it is exclusively available on Flipkart in Black and Gold colour variants.
Venus Optics recently unveiled the Laowa Magic Shift Converter (MSC) for Sony Full Frame E-mount cameras. The Laowa Magic Shift Converter is a lens adapter built with a patented optics system, which expands the image circle of the ultra-wide angle lenses. The shift mechanism on the adapter takes advantage of the enlarged image circle and shifts the camera sensor along the axis. The MSC is specially designed for the Laowa 12mm f/2.8 Zero-D lens and it converts the lens into a 17mm f/4 Zero-D lens with +/- 10mm shift capability. It comes with a close-to-zero distortion feature. Additionally, the MSC comes with a 360° rotation structure which allows the user to shoot in both horizontal and portrait orientation. The lens structure includes 5 elements in 4 groups. Its dimensions are 69.6 x 44.1mm and weighs about 360g. The Laowa Magic Shift Converter's Canon variant is currently available on the official website of Venus Optics (http://www. venuslens.net/) and their authorized resellers. The shipment of its Nikon variant is expected in two months.