Minolta news

Discussion in 'Minolta' started by RichA, Sep 7, 2005.

  1. RichA

    RichA Guest

    Konica Minolta to liquidate Canadian unit
    Konica Minolta has decided to liquidate a wholly-owned Canadian unit
    that sells digital cameras because of stiffer competition. The Japanese
    company says the closure will not affect its forecast for the financial
    year end in March 2006. The Canadian unit is valued at around CA$5.66m
    (US$4.76m). Konica Minolta said that it will seek partners who can
    distribute its cameras in Canada. (11:20 GMT)
    from dpreview.com
    RichA, Sep 7, 2005
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  2. RichA

    burnsdavidj Guest

    $5.66m liquidation? That sounds like office space and furniture, maybe
    some real estate holdings and severance packages for local staff.

    Doesn't sound like a big deal to be honest...with NAFTA most product is
    shipped and supported from the US anyways.

    Not that KM is in the order of Nikon / Canon here, but I doubt this
    will have any negative effect on their sales (assuming KM doesn't
    blunder the administrative handover).
    burnsdavidj, Sep 7, 2005
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  3. RichA

    Darrell Guest

    From what I've been told KM USA doesn't want to sell to Canada as it causes
    logistics headaches.
    Darrell, Sep 8, 2005
  4. RichA

    Basic Wedge Guest

    I can't say I'm surprised. Here in my part of Canada, I don't see anyone
    using Minolta gear.

    Basic Wedge, Sep 8, 2005
  5. RichA

    JPS Guest

    In message <[email protected]>,
    I saw a guy with a Minolta DSLR in Central Park (NYC) on Monday. He was
    standing on Bow Bridge, taking pictures of all the woman with exposed
    cleavage passing underneath in rowboats.
    JPS, Sep 8, 2005
  6. RichA

    DD (Rox) Guest

    You mean you haven't been exposed by Minolta Browne yet? Consider
    yourself lucky.
    DD (Rox), Sep 8, 2005
  7. RichA

    Tony Polson Guest

    Did he have ugly teeth? I mean *really* ugly teeth?

    If so, Alan Browne must be in NYC this week.

    Tony Polson, Sep 8, 2005
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