Konica Minolta Withdraws From Photo Business
Back in July 2005, Konica Minolta reached an agreement with Sony Corporation to jointly develop digital SLRs under both brands that would utilize Sony's CCD and CMOS sensor capabilities and Konica Minolta's optics and Maxxum/Dynax lens mount system. More recently, however, Konica Minolta decided to withdraw from the market and transfer their assets relating to digital SLR cameras to Sony. In the meantime, Sony is accelerating the development of new SLR digital cameras based on the Maxxum/Dynax lens mount system they have acquired from Konica Minolta. Sony plans to introduce the first cameras this summer.
As part of the foregoing, Konica Minolta will consign the customer service
operations for cameras and related products to Sony Corp., which will implement
service operations beginning April 1. Konica Minolta will also cease production
of their minilab systems by March 31.