The boss of one of the biggest names in the camera industry says his company cannot compete against the cameras in the iPhone and other smartphones.
Canon CEO Fujio Mitarai says the camera market will shrink by almost 50 percent within the next two years.
To survive, Mitarai says Canon, which produced pioneering autofocus gear popular with professional photographers, will shift its focus to corporate customers in fields like surveillance and medical care.
The title of world’s second-largest smartphone brand no longer belongs to Apple.
New research data from analytics firm Counterpoint shows that Chinese smartphone company Huawei consistently surpassed Apple in smartphone sales during June and July to take over the No. 2 spot. Samsung remains at the top of the heap.
Growth in the smartphone industry isn’t dead yet, according to the latest report from the International Data Corporation which found smartphone shipments grew more than expected last quarter.
IDC predicted shipments would rise 3.6%, but the industry actually saw 4.3% growth in Q1 2017. Unfortunately for Apple, most of the increase in shipments were triggered by a couple of Chinese companies.
Windows can no longer claim the crown as the most popular operating system on the internet thanks to the rise of smartphones.
During the month of March, Microsoft finally saw its share of worldwide OS internet get eclipsed by Google’s Android operating system, marking the first time a mobile OS is more popular than the software powering PCs.