Tuesday, December 25, 2007

Canon, Nikon want 'friendly rivalry' to spur camera market

Canon Inc. and Nikon Corp. want to move their digital single-lens reflex camera businesses onto a path of higher sustained growth through friendly rivalry, despite their neck-and-neck race for No. 1 in the world ahead of next year's Beijing Olympics, the companies' presidents said in recent interviews.

"Technology will not improve if there is only one leading company," Canon President Tsuneji Uchida said at the company's Tokyo head office Dec. 14.

Nikon President Michio Kariya said in a separate interview Dec. 13 his Tokyo-based company has no intention of competing head-on with Canon in the fast-growing global market for digital SLR cameras.

Noting that the corporate size of Nikon is much smaller than Canon's, Kariya said his company thinks it is important to offer new types of cameras to consumers when its chief rival does not, instead of waging battles with similarly priced products around the same time.

As a matter of course, new models should be high quality, he said, but added that "an unnecessary fight (against Canon) would be fruitless" for the industry's future development.

TAKUYA KARUBE

more : japantimes

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