/Industry News
B&H Agrees to Settle Outstanding Government Claims

B&H Agrees to Settle Outstanding Government Claims

By Canon Rumors | August 17, 2017 | Industry News

New York – August 14, 2017B&H announced today that it has settled a 2016 case with the Department of Labor’s Office of Federal Contract Compliance Programs (OFCCP).

While we are pleased to conclude the case, B&H rejects the OFCCP’s allegations — we settled this matter to let us focus on our day-to-day work of providing excellent service to our customers, to avoid costly and time-consuming litigation, and to grow our Federal government business (the OFCCP oversees employers that do business with the government).

The OFCCP allegations pertained to certain hiring, promotion, and compensation practices. While B&H categorically denies the allegations, we settled to avoid the distraction of litigation. As a government contractor, we determined settlement was in our best interest. B&H is pleased that this issue has been resolved, and we are confident we have the measures in place to comply with all federal hiring and employment law.

B&H is pleased that an overwhelming portion of the settlement payout will end up with our current and former employees. Our success is a result of the hard work and dedication of our employees.

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Video Footage of the 2016 Earthquake at Sony Kumamoto Sensor Factory

By Canon Rumors | August 14, 2017 | Industry News

From DPReview Youtube:

On April 16, 2016, disaster struck in Kumamoto in the Kyushu region of Japan. A series of earthquakes, including a magnitude 7.0 mainshock was struck beneath Kumamoto City where Sony’s sensor factory resides. A foreshock (warning) of magnitude 6.2 came approximately 2 days earlier, which did give the factory some time to evacuate; however, the damage to the carefully built, precision controlled and automated factory with clean rooms was devastating. Not to mention the impact of the lives of those in the region…

After buildings were deemed safe (there were many aftershocks), Sony factory members, including executive ones, went to work restoring the factory all by themselves with such diligence and dedication that they restored operations ahead of schedule. Whilst putting in place precautions that would lower the lead time from 3.5 months to 2 months were this to happen in the future.

Off Brand: Nikon D850 Marketing Material Leaks

By Canon Rumors | August 12, 2017 | Industry News

Most of the specifications for the upcoming Nikon D850 have leaked out ahead of the official announcement. Nikon did officially announce that they would be officially announcing the D850 in the near future.

Jeff Curtner posted some leaked marketing slides about the Nikon D850 on YouTube yesterday with english translations in the subtitles that you can view above or here.

Peter at Nikon Rumors has posted all the slides as images and also posted a translation.

Quick Specifications for the Nikon D850 (a rundown by PetaPixel)

  • 45.75MP FX full frame CMOS sensor
  • 180,000 RGB sensor from the the D5, with better face detection and enhanced scene recognition
  • Native ISO range of 64-25600 (expandable to 32-108400)
  • 153-point AF system with 30% more frame coverage than the D5
  • Center AF point -4EV, and all others -3EV
  • 8K timelapse shooting
  • 4K UHD video recording in FX with no crop
  • 51-photo buffer when shooting in 14-bit RAW
  • 3.2″, 2.36-million-dot tilting LCD touchscreen with improved gesture control
  • 7fps continuous shooting standard, 6fps with autofocus, 9fps when using a battery grip
  • 30ps at 8MP using the electronic shutter
  • RAW can be small, medium, and large resolutions
  • 0.75x magnification viewfinder, the first for a full-frame DSLR
  • Focus stacking. Camera can shoot up to 300 photos with 10 levels of bracketed focus from nearest to infinity for software to stack afterward.
  • Natural Light AWB achieves better white balancing in natural light
  • Completely silent electronic shutter while shooting in live view.
  • There’s no low-pass filter
  • Dual SD + XQD card slots
  • Read lots more about the Nikon D850 here.
Off Brand: Sony Aggressive in Becoming #2 in the ILC Market & More

Off Brand: Sony Aggressive in Becoming #2 in the ILC Market & More

By Canon Rumors | August 11, 2017 | Industry News

In an interview with Imaging Resource (and others) Sony executives publicly says they’re after the #2 spot for ILC sales. Canon being the #1 and will likely remain there for the foreseeable future. However, this blogger thinks they need to take a few more risks in the coming years to reverse the perception that there’s no innovation in camera bodies going on at Canon.

While Canon appears to be committed to shareholder profits, Sony is taking a different approach for the moment to gain marketshare.

“Please look at our vision, not where our profits come from.” said Mr. Tanaka

Sony can afford to do this for the time being, though one day you do need to turn a profit of some kind.

Sony also feels the path to growth is not just by taking marketshare from others, but increasing the size of the overall market, which is obviously a big challenge in the current marketplace.

A point made by several of the executives — and underscored by no less than Mr. Hiroshi Sakamoto — was that, as one of the true leaders* in the camera market, Sony has to grow by growing the overall market, not just by poaching market share from other players.

Sony also remains committed to APS-C sensor products. While their full frame cameras seem to bring about the most discussion online, their APS-C line of cameras remains important to their overall strategy.

Tanaka-san was very emphatic. Paraphrasing slightly, he said “APS-C is an important category for us. We’ll never quit APS-C!”

Imaging resource also reports than Sony thinks it can achieve a 50% marketshare in the coming years, which would put them in Canon territory.

We should be hearing more about Sony and how they plan to take over the camera world in the coming weeks from other web sites who had the chance to visit with Sony in Japan.

45% of Leica’s Camera Division is up for Sale

45% of Leica’s Camera Division is up for Sale

By Canon Rumors | August 3, 2017 | Third Party Cameras

GoFundMe anyone?

According to a report from Reuters, Blackstone is in talks to sell a 45% stake in Leica’s camera division. Who might be looking to buy in, other than me? (I’m a few hundred million euro short) Zeiss, some private equity firms and a few Asia based companies.

From Reuters:

Zeiss is potentially interested in Leica Camera, but would only agree to a deal if it was able to secure a majority stake, the sources said.

Potential buyers include other family investors, they said, adding that Asian optics groups and private equity funds had also shown interest.

Last year, Chinese investor CDH expressed interest in buying Blackstone’s stake in Leica, but no deal materialized, one of the people said.

China’s Huawei, founded by a former Chinese army engineer, has licensed Leica camera technology for use in some of its smartphones. Huawei is the world’s third largest smartphone maker. Read the full story

With the recent chatter about Leica and other companies like RED getting into smartphones, I could definitely see one of the smartphone hardware makers stepping up.

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