As an attempt to strengthen its customer relationship, Motorola recently inaugurated an experiential retail store ‘Moto Hub’ in India. With this move, Motorola will be able tp provide its customers with an opportunity to experience the full portfolio and purchase Motorola products under one roof. The first six Moto Hubs have been launched at the following locations: -Great India Place, NOIDA -Logix Mall, NOIDA -Shipra Mall, Indirapuram -Xperia Mall, Dombivali, Mumbai -Korum Mall, Thane, Mumbai -Viviana Mall, Thane, Mumbai By the end of this financial year, the company aims at opening 50 Moto Hubs across the top tier towns in India. Housing all the device that exclusively available online, these one-stop-shops will showcase a complete portfolio of Motorola devices,.This includes Motorola accessories like on-ear and in-ear headphones, moto shells, covers etc. The company also provides various inaugural offers where the buyers will get a free Motorola accessories on the purchase of Motorola E, C and G series. The company will also provide a discount of 50% on MODS on the purchase of Moto Z2 play, along with easy EMI options to choose from. Sharing his thoughts at the inaugural event, the Managing Director of Motorola Mobility India, Sudhin Mathur said, “At Motorola, we understand our consumers’ needs and focus on providing them meaningful mobile experiences. We believe with the launch of this new retail channel ‘Moto Hub’, we are giving the customers an opportunity to get access to the complete Motorola portfolio, our technology and devices, in an environment that is more open, fun and very uniquely Motorola.”
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.
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%.