Now its time for Panasonic to restructure

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mike
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A press announcement from Panasonic about a restructure sounds possibly worse than it is for us camera purchasers, they also released this and page 67 contains the nitty gritty in a small section, looks to be close to the Nikon situation.





In the Visual and Imaging Business, despite a decrease in digital camera sales due to a
contraction in the market for popularly-priced products such as compact cameras, sales
increased as the decline was offset by growth in sales of high value-added products
among digital cameras, such as mirrorless cameras


http://www.panasonic.com/global/cor...are&siteID=TnL5HPStwNw-Z0rpK_R9CtQGnZ_6j_nmQg
 
I'd be surprised if Panasonic did a Samsung and left the market but I suppose anything is possible and looking at the plunging sales, tumbling profits or indeed rising losses it's difficult to understand why anyone stays in the camera/lens business.
 
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