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Kyocera killing Contax
From dpreview.com:
Kyocera has today announced that it has decided to terminate the Contax branded camera business. Contax joined forces with Yashica in the 1960s, which became part of the electronics giant Kyocera in the mid-1990s. The history of the name goes back to the original Contax camera produced by Zeiss Ikon AG in 1932. The company announced its first 35mm SLR film camera, the Contax S, in 1949. A dark cloud has been hanging over the Contax brand since Kyocera announced it was to end of camera production last month. Press Release: CONTAX-Branded Camera Business Kyocera Corporation (President: Yasuo Nishiguchi, hereafter called "Kyocera") has decided to terminate CONTAX-branded camera business. Although Carl Zeiss and Kyocera have entered into a long term co-operation regarding the development, production and sale of CONTAX-branded cameras, Kyocera has decided to terminate such business due to difficulties in catching up with the recent rapid market changes. Consequently, Kyocera will terminate the shipment of CONTAX-branded cameras, and the exclusive lenses and accessories in September, 2005, except for the CONTAX 645 camera system, the shipment of which to some markets will come to an end in December, 2005. Kyocera will continue to provide after-sales services to its customers for their CONTAX-branded cameras, and the exclusive lenses and accessories over the maximum period of ten years within the specified time of each model. |
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