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%.
A new telecom brand Kult, recently announced the launch of its newest smartphone - Beyond. This 4G- VoLTE enabled smartphone also offers multi-purpose fingerprint sensor and currently it is exclusively available on Amazon. It features a 5.2inch HD screen size and an HD IPS on-cell display. Beyond features a 13MP rear AF camera with Dual Tone LED flash and 13 MP front camera with Dual LED Flash. It runs on a 1.25 GHz quad-core 64 bit processor and offers the latest Android Nougat 7.0 OS. It comes with a 3GB RAM and 32GB ROM that is expandable up to additional 32GB (supports 3 Slots: 2 SIM both micro + 1 Micro SD). Kult Beyond is powered by a 3000mAh battery and is available for INR 6,999. Commenting on the launch, Hardip Singh, Executive Director of Optiemus Infracom said, “Today’s hyperconnected millennial demands high performance smartphone with great camera quality. We kept that in mind while building Kult Beyond. This beautifully designed smartphone comes loaded with class-leading features and functionalities at a very attractive price, which is an added advantage.”
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.