TOKYO, Jan. 24, 2008 (Thomson Financial delivered by Newstex) -- Canon Inc (NYSE:CAJ) , Japan's biggest maker of office equipment and digital cameras, said Thursday it is aiming to sell 29.4 million digital cameras globally in 2008, 19.5 percent more than in 2007, to ensure its leadership in this market.
The maker of EOS digital single-lens reflex (SLR) cameras and IXY and Powershot compact digital cameras said it plans to sell 25 million compact cameras in 2008, up 16.8 percent, and 4.4 million SLR cameras, up 37.5 percent.
'In 2008 we aim to capture the top market share in Japan as well as globally, in both the compact and SLR camera segments,' Canon president Tsuneji Uchida told a press conference.
Capitalizing on the EOS Kiss X2 digital SLR camera, which will debut in Japan in late March, Canon expects to recover in 2008 the biggest share of the digital SLR camera market at home, which it lost to Nikon Corp last year, Canon director Masaya Maeda said.
Uchida said the global market for digital cameras has room to expand even after topping an estimated 100 million cameras last year, and that Canon expects it to keep up the recent high pace of growth in the next 2-3 years.
more : cnn
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