Smartphone Cameras at 41 Megapixels Pressure Canon, Nikon
The global camera business, centered in Japan, is headed for a shakeout. With industry revenue falling to the lowest level in a decade amid surging smartphone sales, Nikon Corp. (7731), the world’s No. 2 camera maker, has cut prices to lure consumers. Market leader Canon Inc. (7751) may follow suit to keep pace, according to … Read more