The new Lumix S9 camera launch has been a disaster for Panasonic (see this, this, this, and this posts). The company has now issued a final statement acknowledging that 77 stock photos not shot with a Panasonic camera or lens were used to promote Panasonic products (still, they did not address the bogus “short supply” […]
Asahi reports that Panasonic has not achieved its medium-term strategy goals and President Kusumi calls it a “crisis situation”: Panasonic Holdings (HD) has revealed that it expects to fail to achieve two of the three targets set in its three-year mid-term strategy ending in fiscal 2024. President Yuki Kusumi acknowledged that the situation is “critical, […]
Nikkei published a new article about Panasonic’s camera business being at a critical moment – here s a brief recap (Google translated):
Ymcinema published a new article where they talk about Panasonic abandoning the cinema camera lineup: “If you needed any proof that the Panasonic camera division is dying, then search no more. Just watch the Panasonic CES 2022 Press Conference. That presentation takes 54 Minutes long focusing on B2B products, and only 5 Seconds dedicated to […]
The Japanese website diamond.jp reports that Panasonic may also pull out of the camera business just like Olympus:
Panasonic announced some details on their organizational and personnel changes and appointments effective on April 1, 2017 – read all the details at 43addict.com. There have been reports that Panasonic will dismantle their digital camera business and place it under the umbrella of other operations. Panasonic’s official statement is that the Digital Imaging business will move under […]
Panasonic issued a statement on the recent reports about dismantling their digital camera business:
I have been saying for months that Nikon is not the only photo company in trouble. Panasonic just announced a big restructuring as profits sink and I am pretty sure this is just the beginning: “Panasonic plans another round of restructuring of unprofitable businesses, responding to sinking profits with the same prescription that has restored the […]
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