Digital Camera Demand Booms in China as ‘Live Commerce’ Explodes
Buying a new camera is about to get even harder, as exploding demand in China led by "live commerce" has led to increased supply issues on a system that already cannot meet demand.
Buying a new camera is about to get even harder, as exploding demand in China led by "live commerce" has led to increased supply issues on a system that already cannot meet demand.
Remember those heady days of 2010? The release of the iPhone 4 and iPad, the New Orleans Saints won Superbowl XLIV, Iron Man 2 hit the cinemas, Eminem released Recovery, and Biden was Vice-President. It was also the year when camera shipments peaked at over 120 million units. How did the industry become the bit-part player it now is, shifting 9 million units just ten short years later?
As Hollywood made the most out of production companies in central Europe during the pandemic, the industry in the region has now been left with large staff shortages and is struggling to keep up with the demand.
If you're a photographer who often turns to Dollar Tree for cheap photo props or do-it-yourself materials, get ready to pay (a bit) more. After 35 years of selling most products for exactly $1, the retail chain announced today that it is hiking its price to $1.25.
Nikon recently announced that it is collaborating with Nissin and Profoto on speedlights and studio lights. Is this an admission of the not-so-secret reality that lighting products are actually quite cheap?
Zenfolio has announced that it has acquired Format, one of the leading website-building platforms and marketplace hosts primarily used by professional photographers and artists.
Like chameleons, we photographers change with our environment to survive and thrive. It's inspiring to see the way we have risen to new and ever-evolving challenges in the industry. Yet, photographers are being taken advantage of now more than ever.
OM Digital, the company that was spun off from Olympus early this year by Japan Industrial Partners (JIP), is making its next major step: rebranding the cameras it will produce as OM System and leaving the Olympus name behind.
Intel has hopes that it can win back Apple's business after the company has moved on to in-house silicon, and said that the best way to do so was to "simply make better chips" than Apple can.
The camera industry suffered a massive blow at the onset of the COVID-19 pandemic, but began to recover just in time for the global supply chain to collapse. Very few want to openly discuss this problem, but the industry is currently in a tough spot.
The age of the camera is slowly coming to an end—especially the bulky DSLR and all its associated declinations.
Amazon is reportedly planning to start opening large physical retail stores in the United States that will be its version of department stores.
In its annual tradition, Adobe has announced a list of talented and extraordinary photographers who have been named as 2021 Adobe Rising Stars of Photography. One of them, Anna Neubauer, has shared her insight on what it means to her and how she breaks away from industry stereotypes with her photography.
Canon and Sony made up a vast majority of the camera sales in 2020, which saw a 40% dip in market size globally during what was an incredibly rough year for the industry and the market is only predicted to shrink further.
Fujifilm as a company is most widely associated with photography, but the pandemic and the weakening photo industry overall has changed that. Imaging solutions now makes up just 13% of the company's revenue, and the new CEO is investing heavily in pharmaceuticals as the brand continues to pivot.
If you've been using your personal Venmo account to receive payments for your goods or services, you've been violating the apps policies. That'll soon change, though: Venmo will soon allow personal accounts to do business... for a fee.
In photojournalism, where and how people get their news matters. A quick takeaway of Reuters Digital News Report 2021 shows that the news market is exploding into a multitude of topic-specific verticals and various mediums at the same time.
Sony has showcased a first-look inside its Osaka Office, which is dedicated to CMOS image sensor development and has been designed by the engineers who work there to cultivate a positive and stimulating work environment that breaks from traditional Japanese corporate structure.
Canon has upgraded its forecast for the rest of 2021 after it showed camera sales up 34% over the previous year's pandemic-blighted sales cycle. Despite the good news, the company reportedly added that the camera market is reaching the point of saturation.
A new survey being conducted over in Japan has surprising results on what the most beloved camera brand is. While companies such as Canon, Nikon, and Sony may currently command market dominance, it's Pentax/Ricoh that has gotten the most love.
It was so close to the first of April, it sounded like an April’s fool hoax: the gentle freedom-loving all sharing company would be selling to the greedy capitalistic money-making titan. Or, in other words, Getty Images was acquiring Unsplash. The two unlikely partners officially became at the end of April, sending ripples through the stock photography world and beyond.
The global smartphone sensor market was not slowed down by the pandemic, as a new report states the segment saw a total revenue of $15 billion in 2020 which is up 13% year over year. Sony still dominates the field, but its once ironclad grip has slipped slightly.
The camera industry may finally be stabilizing according to new data published by the Camera and Imaging Products Association (CIPA), as 2021 has is off to its best start since 2017.
There are rumblings of a major deal brewing in the world of photo-sharing social media platforms. The photo-sharing social media service Pinterest is reportedly in talks to acquire the photo-sharing app VSCO.
While 2020 wasn't a particularly good year for camera manufacturers overall, by the late fall and into the winter the sales number had rebounded, returning to more typical numbers. Through the year, the big three -- Sony, Canon, and Nikon -- unsurprisingly led total production numbers.
Fashion magazine W sparked a great deal of ridicule recently over the celebrity portraits in its latest Best Performances issue -- photos criticized as being uninspired, of poor taste, technically flawed, and amateurish. That may all be true, but it was also intentional -- that's just photographer Juergen Teller's trademark style...
A new article published by Business Journal in Japan revisits Nikon's current status in the country and cites a new report that found Nikon has fallen to fifth place in mirrorless cameras in the country with just 7.5% market share.
YouTuber David Dobrik's app Dispo mimics the experience of using a classic disposable camera and is generating considerable buzz recently despite being over a year old. Thanks to the success of an international test, Dispo reportedly acquired $20 million in Series A funding at a $200 million valuation.
Doom-and-gloom stories of the state of the camera market have been pretty common over the past year due to COVID-19. But what if the data used to determine the health of the industry was flawed?
The COVID-19 pandemic has wreaked havoc across the economy, and one niche hit particularly hard has been the world of museums, which has seen ticket sales plummet due to lockdowns and people staying away from indoor spaces. Now the largest art museum in the US is facing a massive budget shortfall, and it's looking into selling art to pay bills.