GoPro recently announced that the first shipment of the Fusion Pilot Cameras has been sent, exclusively to ten brands. The company has selected nine organizations and one travel vlogger to be the first to receive GoPro's spherical camera. This list includes Golden State Warriors, USA TODAY NETWORK, FOX Sports, AccuWeather, Digital Domain, Getty Images, Legend 3D Inc., Rapid VR, RYOT, and travel vlogger Louis Cole (FunForLouis). The company started accepting applications from content professionals in the month of April. GoPro received applications from numerous brands, agencies and talented content creators, seeking to be among the first to use GoPro's new 5.2K spherical camera as part of a pilot program. GoPro has initiated this programme to produce inspiring content that demonstrates the creative potential of Fusion. GoPro has selected its first ten pilot partners from a pool of more than 20,000 applicants. The application process for the GoPro Fusion Pilot Program remains open, and the company expects to add more pilot partners to the program in the coming year. A limited commercial release of Fusion is expected by the end of 2017. GoPro will provide the details on pricing and other technical specifications at Fusion's launch.
Samsung Electronics announced its first half year financial report for January to June, 2017 and posted a 61% gain year-onyear to 23.9 trillion Korean won (about US$21.29 billion) in operational profit. Over 20 financial analysts forecast the operational profit for the whole year to December 2017 will record high at 51 trillion won (US$45.44 billion). For the six month period, it seems that of DRAM took 30%, NAND flash memory 15% taking advantage of short supply of memories for smartphones and servers. On top of that, the company has added the profit of OLED panels for smartphones on the good going of the profit, as it seems to have started shipment of the panels to Apple at the end of May to early June. Some analysts estimate Samsung will ship approximately 80 million to 90 million units during 2017, which will be 170 million units in 2018. The profitability of DRAMs is very high reaching to about 60% in the profitability on sales. Samsung seems to draw a picture to leave Toshiba behind in the flash memory improvement race by investing money earned in the DRAM business.
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%.