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.
Japan's leading printer and photocopier maker Konica Minolta Inc. announced at the company will be acquiring Ambry Genetic Corp. - a US diagnostic company, in a deal valued at up to USD 1 billion. This is one of the largest deals for Konica Minolta and the company will jointly carry out the acquisition with the funds provided by Innovation Network Corp of Japan. Konica Minolta, which has a market value of around $4 billion, will account for 60 percent of the investment and the Innovation Network Corp of Japan (INCJ) will provide for the remaining 40 percent. Both the companies intend to enter into the precision medicine segment which is expected to have a great potential for the treatment of cancer. KMI has its own diagnostic technique, utilising a High Sensitive Tissue Testing (HSTT) technology, while Ambry excels in genetic tests for breast, colon and cancers, heart and respiratory diseases, etc. Further, the company will combine its HSTT technology and Ambry's genetic diagnostic technology to offer high-standard cancer diagnostic services and aid the development of new reagents which will help produce new medicines. Talking about the acquisition, Shoei Yamana - Chief Executive Officer of Konica Minolta Inc., said, “Together with Ambry, we will have the most comprehensive set of diagnostic technologies for mapping an individual's genetic and biochemical makeup." The companies expect to complete the necessary procedure for the deal by the end of October, 2017 and post which, Ambry will become a subsidiary of KMI while Ambry's business will be continued in the US.
Nikon Corp. has released a new FX-format telephoto zoom lens, AF-P Nikkor 70-300mm f/4.5-5.6E ED VR for full-frame D-SLR cameras. The lens employs a stepping motor to the AF drive to realise high speed and quiet shutter release, also important to videography. The lens is equipped with optical vibration reduction (VR) function giving about 4.5-step advantage. It is also equipped with a SPORT mode to photograph fast-moving subjects. The lens consists of 18 elements in 14 groups, including one ED (Extra-low Dispersion) element to correct chromatic aberrations. The closest shooting distance is 1.2m for the entire zoom. The lens is also designed as ‘antidust and antisplash’. The maximum diameter is 80.5mm, length 146m and weighs about 680g. Suggested list price: 94,000 yen.