Konica Minolta gets out of Camera Business
January 19, 2006 by colbert low
Filed under Announcements, Digital Cameras

Just caught this off the internet today !
This has to be the biggest and most shocking news for early 2006, Konica Minolta has today announced that it is withdrawing from the camera and photo business. They will be transferring assets related to their camera business to Sony who will continue to develop digital SLR’s based around the Konica Minolta lens mount. Konica Minolta it appears will continue to work with Sony (a relationship announced last year) in the development of digital SLR’s and lenses but they will not be branded as or be sold by Konica Minolta.
Konica Minolta also said it plans to exit the minilab business by the end of March and the color film and color paper markets by the end of March 2007.

















We just purchased a Konica Minolta digital camera DiMage E500 1 month ago. Will this announcement have any consequences for us. So far I really like the camera, and I would hate to think I made the wrong choice since it will no longer be made.