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.
Nikon Corp. will be boosting the production of its of display panels for smartphones and televisions in its factories in Japan. The company has decided to thrust the production as its competition in China and other Asian countries are aggressively investing in the development of high resolution LCD panels and OLED panels. The company has established additional production facilities in the premise of its existing . factories located in Tochigi and Miyagi Prefectures. Nikon has already increased the production capacity for its small-size panels (for smartphone) by 1.5x over those of 2015 and the production is being carried out at full swing. For large panels (for televisions), Nikon will increase the production 2x by 2018. Nikon currently enjoys about 65 percent of the world's share in panel manufacturing equipment. Nikon utilises the 10th generation size plates for manufacturing the large-format panels. Panel producers, Chinese companies in particular, are planning to build large-panel production factories, for which they are aggressively approaching the government to grant them subsidiaries.
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%.