Panasonic to reign in digital camera production next year

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Panasonic Corporation will be halving its compact digital camera output next year. The total number of compact digital cameras released next year will be five, which is half of what the company released this year.

Panasonic expects this fiscal year that it will end up with 2 million less units sold, taking the overall total down to 4 million. This is expected to be the company’s second year in a row of digital camera business losses.

via Panasonic to reign in digital camera production next year – SlashGear.

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