Digital Camera sales up 71%
Technology - Reuters
Sony Still on Top in Digital Camera Market - Study
Fri Apr 2, 5:29 PM ET Add Technology - Reuters to My Yahoo!
NEW YORK (Reuters) - Digital camera makers Canon Inc. (7751.T) and Eastman Kodak Co.(NYSE:EK - news) gained in the rapidly growing and fiercely competitive global market for digital cameras in 2003, but failed to displace Sony Corp (news - web sites).(6758.T), according to industry data.
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In its Digital Still Camera 2003 report, research firm IDC said Sony held an 18 percent share of units shipped. Canon, with its 16 percent share, passed Olympus Corp.(7733.T), which had 13 percent. At a 12 percent share, Kodak rose to fourth place, leapfrogging Fuji Photo Film Co. Ltd.(4901.T)
Overall, global shipments of consumer point-and-shoot digital cameras reached 47.9 million units in 2003, up 71 percent from 28 million in 2002.
Demand for digital cameras, which record images on memory chips instead of film, continues to grow as consumers become more comfortable with capturing, storing and printing their images.
Earlier this week, Japan's Sony filed a patent infringement suit against Kodak, intensifying the fight between the two companies. Sony's claims come about a month after Kodak sued Sony alleging it infringed 10 of Kodak's patents related to capturing, printing and storing digital images. |
