Konica Minolta out of photography

Konica Minolta out of camera and photo business - Digital cameras, digital camera reviews, photography views and news newsJanuary 19, 2006 - 08.00 GMT
Following the unexpected October 1, 2005 announcement that Konica Minolta Photo Imaging would cease its operations in the Canadian market , today we're in for an even bigger surprise!
"Konica Minolta Announces Withdrawal Plan for Camera Business and Photo Business"
According to the press release, the main reason for the decision is the inability to keep up with image sensor technologies such as CCD; it became thus difficult to timely provide competitive products even with their top optical, mechanical and electronics technologies...More.