Industry

A man with short gray hair and glasses, wearing a black shirt, is smiling in front of a large black Apple logo on a white background.

Apple’s CEO Tim Cook to Take Over Company’s Design Team This Year

Apple has announced a major corporate shakeup, with chief operating officer (COO) Jeff Williams leaving his post later this month. Once Williams fully retires late this year, Apple's chief executive officer (CEO), Tim Cook, will take over Apple's design team, a significant shift for the Cupertino-based tech company.

A book titled "100 Leica Stories" with a black cover featuring monochrome, partially visible images of three people, including one holding a camera, against a plain background.

Leica Marks 100 Years of Its Most Iconic Moments With New Photobook

Leica, a name synonymous with photographic excellence, marks a monumental milestone this year, celebrating 100 years of innovation, craftsmanship, and artistry. To honor this enduring legacy, the new book "100 Leica Stories" offers an extensive look into the history, culture, and unparalleled impact of the Leica camera.

A woman in a maroon workout outfit smiles and holds a 360-degree camera on a selfie stick in a scenic outdoor setting with green hills and a mountain under a blue sky with wispy clouds.

Insta360 Goes Public in China, 33-Year-Old Founder Now a Billionaire

360-degree camera and technology company Insta360 has gone public on the Chinese stock market, and the company's shares surged to nearly 180 yuan, or about $25, an almost four-fold increase from its initial public offering (IPO) price of 47.27 yuan per share. The company is now valued at 71 billion yuan, or nearly $9.9 billion, making its 33-year-old founder, Liu Jingkang, also known as JK Liu, a billionaire, Forbes reports.

Modern building with a striking, curved facade made of horizontal black slats, partially lifted at one corner to reveal glass windows and an entrance below. Urban surroundings with trees and neighboring structures.

South Korea Opens Its First Public Museum Dedicated to Photography

South Korea has unveiled its first public museum dedicated entirely to photography, marking a significant milestone for the country’s cultural landscape. The Photography Seoul Museum of Art, a new addition to Seoul Museum of Art’s network, officially opened on May 29 in Dobong-gu, a district in northern Seoul.

Two men pose closely together for a black and white portrait. The man on the left is bald, wears glasses, and leans his head on the other man's shoulder. The man on the right has short hair and wears a sweater, looking directly at the camera.

OpenAI Buys Apple Vet Jony Ive’s AI Device Startup for $6.5 Billion

OpenAI is targeting AI-powered hardware in a big way. The AI tech company is purchasing io, an AI device startup, for nearly $6.5 billion. The startup was co-founded by veteran Apple designer Jony Ive, who left the company to form a design outfit, LoveFrom, in 2019. It is OpenAI's priciest acquisition yet.

The image shows the Sony logo in silver letters placed on a textured, dark, glittery surface. The letters stand out against the sparkling, black background.

Those Rumored Sony Price Increases Appear To Be Real

Last week, an un-cited report alleged that Sony was about to initiate price increases across a range of its photo products, including accessories, compact cameras, and lenses. The supposed increases varied between 10% and 35%, but Sony declined to comment on the veracity of the report.

Two small flags, one of the United States and one of China, stand crossed on a silver base atop a table with blank papers and pens, suggesting a formal meeting or negotiation setting.

US and China Reach Trade Truce and Slash Tariffs for 90 Days

U.S. and Chinese officials had their promised trade talks over the weekend, emerging on Monday morning with a significant reduction in tariffs for 90 days while negotiations continue. The 90-day pause is good news for many tech and photography companies, although it remains unclear how each will navigate the turbulent waters.

A collage of shipping containers with the United States flag on the left and the China flag on the right, symbolizing trade relations between the two countries.

Trump Says 80% Tariff on China ‘Seems Right’

Many photographers and photography businesses have been feeling the impact of the Trump administration's 145% tariff on China. Ahead of a weekend meeting between top American and Chinese trade officials, President Trump has tossed around the idea of an 80% tariff on China.

A flat lay photo features a Leica camera centered, surrounded by a pen, an external flash, a smartphone displaying a Leica camera image, a black leather camera case, and wireless headphones. The neutral background highlights the sleek, modern gear.

Leica Hikes Prices as Much as 90%

As PetaPixel reported last week, Leica's prices are increasing in the United States thanks to tariffs. The scale of the price increase is, in some cases, extreme. Certain Leica products are nearly twice as expensive now.

A black camera with a leather strap lies on a wooden surface, partially illuminated by sunlight, casting soft shadows.

How Trump’s Tariff Chaos Impacts Small American Photo Companies

President Trump's tariffs are having a significant impact on the photography industry. Heavy hitters like Leica have raised prices in the U.S. (and Canada), and Canon Inc. confirmed prices will increase on some of its products in response to tariffs, to name just a couple of examples. However, the exceptionally high (as much as 145 percent) tariffs on imports from China are having an extensive, unpredictable impact, even on companies that make their products in the United States, like Clever Supply Co.

A close-up photo of multiple red circular badges on a black surface, with the frontmost badge displaying the white cursive "Leica" logo. The background badges are out of focus.

Leica Raises Prices in Canada Because of US Tariffs

Leica will increase the price of its products in the United States as a result of the blanket tariffs announced by President Donald Trump earlier this year. While this is an expected result stateside, it is having an adverse effect on cameras sold in Canada, too.

A person’s hand adjusts a Canon EOS R6 camera with a lens and external microphone, resting on a dark backpack outdoors.

Canon Japan Confirms US Tariffs Will Increase Prices

Most camera companies have elected to remain quiet about how new tariffs are affecting supply chains in the United States, but Canon Japan finally spoke on the issue during a question-and-answer period following its 2025 first-quarter financial results.

A person in a white shirt stands outdoors, looking off-frame with hands raised thoughtfully. The background features modern architecture. Text on the image reads "CP+ Camera & Photo Imaging Show 2025" with a colorful logo.

Japan’s 2025 CP+ Camera Show Got Even Bigger

Japan's CP+ show is the last remaining major international photography exposition, taking the mantle from Photokina after it shuttered in 2020. While the show appeared larger in scale this year than in previous years, the organization behind it confirmed that the 2025 show grew yet again.

A modern silver camera lens with detailed markings, positioned vertically on a silver surface. The background features a black and white grid pattern with circular and diagonal lines.

Sigma BF Sells Out in Japan Ahead of Launch

Although the stylish Sigma BF camera remains available to preorder at retailers in the United States, Sigma headquarters in Japan has warned photographers that it received excess orders for the camera, meaning some customers will be unable to receive their BF on launch day next week.

A Blackmagic 12K camera is prominently displayed against a backdrop of the American flag, coins, stock market graphs, and shipping containers, suggesting themes of technology, finance, and industry.

Blackmagic Design Is the First Camera Company to Increase US Prices Because of Tariffs

Blackmagic Design announced a bunch of new products and services at NAB 2025 last Friday, including the feature-packed new DaVinci Resolve 20 and the Blackmagic Pyxis 12K cinema camera. Just two days after its announcements, Blackmagic revealed that its Pyxis 12K camera will actually cost $500 more in the United States than previously stated due to the effect of President Trump's tariffs.