Konica Minolta, Sayonara

Wow!

Konica Minolta Holdings Co. announced that it would withdraw from the digital camera and film business by March 31, 2006. The company will also be transferring part of their Digital Single Lens Reflex camera business assets to Sony, and will then focus on its optics and display device fields such as liquid crystal film, and copy machines. The prominent camera brand, which has been in the market for over 130 years since its establishment as Shop Konishiya Rokube in 1873, will completely disappear from the market. (Kyodo News)