Canon expects China's camera market to become the world's largest as early as 2015, overtaking the US, its head of the business said. The world's biggest camera maker is doubling the number of outlets and boosting its marketing workforce in the Asian nation.

Canon has reported a more than fivefold jump in profits for the final three months of 2009 after sales of digital cameras grew strongly.

An administrative law judge at the US International Trade Commission ruled that Samsung has infringed two camera patents developed by Kodak.

Hitachi has reported a quarterly loss amid continued weakness in consumer demand for electronic products. Meanwhile, camera and office equipment maker Canon saw second-quarter net profits fall 85% on year, as firms cut back on printers and copiers.

Sony's new 20x super-zoom camera uses a more powerful processor so it can eliminate noise, capture 10 frames per second, record 1080p HD video, and merge pictures for panoramic shots just by whipping the camera around.

ON Semiconductor has introduced the industry's first 4-amp supercapacitor LED flash driver for high-megapixel camera phones and standalone camera applications.

Citing the "deepening global recession" and the stronger dollar, Kodak said on Wednesday its 2008 revenue growth, digital revenue growth, earnings from continuing operations, and cash generation would all fall short of its forecast.

Siimpel announced today that it has completed an investment round in support of its groundbreaking MEMS technology and product development for mobile camera applications. DoCoMo Capital, the corporate venture arm of NTT DoCoMo, has joined Siimpel's existing strategic investors from the mobile market.

THine Electronics and Winbond Electronics has announced that the two companies agreed to transfer Winbond's Image Signal Processor (ISP) Business to THine. Winbond's ISP products are specially designed for high-end camera and mobile phones. Winbond will transfer assets including its intellectual property rights and ISP-related assets in fiscal year 2008, establishing a new company to transfer to THine.