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Sources at Kyocera have confirmed that the company is to cease production of film and digital cameras, putting a huge question mark over the future of one of the oldest brands in photography, Contax. Contax cameras have been produced since the early 1930"s, when the brand was launched by German optical legend Zeiss Ikon. Contax joined forces with Japanese manufacturer Yashica in the 1960"s, becoming part of electronics giant Kyocera in the mid-1990"s.
Kyocera Corporation, parent and global headquarters of the Kyocera Group, was founded in 1959 as a producer of advanced ceramics. By combining these engineered materials with metals and plastics, and integrating them with other technologies, Kyocera has become a leading supplier of telecommunications equipment, cameras, laser printers, copiers, solar energy systems, semiconductor packages and electronic components. During the year ended March 31, 2004, the company’s net sales totaled $10.969 Billion with net income of $654.673 Million. Kyocera Corporation trades on the NYSE, Tokyo, and Osaka stock exchanges under the symbol “KYO”. |