Home / World Business
Sat, Dec 27, 2003 - Page 12 News List

Japanese makers of digital cameras have 53% increase in sales last month

BLOOMBERG

Worldwide digital camera shipments by Japanese makers surged 53 percent last month, with shipments to Europe showing the biggest gain for a 12th consecutive month, an industry group said.

Shipments from camera makers such as Canon Inc, Fuji Photo Film Co and Olympus Corp rose to 5.3 million units in November, the Tokyo-based Camera and Imaging Products Association (CIPA) said in a report on its Web site.

Sales last month rose 29 percent compared with a year earlier, to ?137 billion (US$1.28 billion) the industry association said.

Sanyo Electric Co, the world's biggest manufacturer of digital cameras, plans to produce 12 million units in the fiscal year ending March next year, compared with 6.5 million in the year ended March last year.

Most of Sanyo's cameras are sold under other companies' brands.

Shipments in Japan rose 25 percent last month to 926,228 units, the group said.

As for overseas shipments, cameras bound for Europe rose 66 percent, while shipments to North America jumped 57 percent.

Worldwide shipments in the January to November period climbed 77 percent to 38.9 million units.

Sales rose 54 percent to ?1.11 trillion in the period.

Worldwide production of film-based cameras by Japanese makers fell 38 percent last month to 1.4 million units, according to CIPA.

The association says its data cover about 80 percent to 90 percent of all digital camera sales and shipments globally.

This story has been viewed 4013 times.
TOP top