TITLE

Out of Focus

AUTHOR(S)
Gage, Jack
PUB. DATE
November 2005
SOURCE
Forbes Asia;11/28/2005, Vol. 1 Issue 8, p16
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article presents information on the status of Sanyo Electric as of November 2005. It was reported in March 2000 that the company claimed a 40 percent share of the $3 billion digital camera market. Digital cameras helped drive total profits up 59 percent but increase fell flat by 2002 as customers increased manufacturing capabilities of their own. The company reintroduced its brand to a prospering U.S. digital camera market in 2003 but it incurred total losses of $1.6 billion in 2004. In response to its losses, Sanyo has committed to cost savings over the next three years.
ACCESSION #
20957302

 

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