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'Digital camera shipments by Japanese manufacturers will probably rise 8.4 percent this year, compared with a previous estimate of 21 percent, the Camera & Imaging Products Association said.
Worldwide shipments by Canon Inc., Sony Corp., Olympus Corp. and other companies will probably total 64.8 million units this year, the Tokyo-based industry group said in a press release yesterday.
Global shipments by Japanese companies totaled 27.9 million units during the six months that ended June 30, up 5.5 percent on the year. At this rate, annual shipments aren't likely to meet the January forecast of 72.2 million units, the association said.
Sales aren't rising as much as the association had expected in part because about half the Japanese households already have digital cameras, the report said.'
Read more at Japan's Digital Camera Shipments May Miss Forecast
Posted by Darren in our News category on August 11, 2005