Photokina announces its 2018 edition, which will be held between 26th to 29th of September, 2018. The event will be held for four instead of six days. From the year 2019, Photokina will take place annually in May for four days.
DJI launches Spark, an easy-to-use mini camera drone that takes off from the palm of the hand. Spark is the first drone to be operated by hand gestures alone.
Japanese media reports (published by Sentaku magazine) suggest that the Japanese government has asked Fujifilm to step in and help rescue an ailing Nikon. The report has since gone viral on the web. The report remains unconfirmed by Nikon India.
Kodak re-builds its motion picture film processing infrastructure in the United States. Kodak is working slowly towards building, leasing, partnering in major cities in the US to process its motion picture film. The latest move is the new 5-year lease on part of Pinewood Studio in the UK to establish a new negative film processing lab. Following the Pinewood deal, Kodak makes similar move in the US (Atlanta, Georgia and Queens, New York) builds an entirely new processing lab.
Nikon reports a net loss of 7.1 billion yen (62.4 million) for the year through March 2017, blaming heavy spending on structural reforms and weak sales of digital cameras.