{"id":14190,"date":"2012-01-17T16:49:00","date_gmt":"2012-01-17T16:49:00","guid":{"rendered":"http:\/\/amateurphotographer.co.uk\/uncategorized\/minox-issues-statement-on-compact-camera-future-14190"},"modified":"2014-09-02T14:48:16","modified_gmt":"2014-09-02T13:48:16","slug":"minox-issues-statement-on-compact-camera-future","status":"publish","type":"post","link":"https:\/\/other.kelsey.host\/amateurphotographer\/latest\/photo-news\/minox-issues-statement-on-compact-camera-future\/","title":{"rendered":"Minox issues statement on compact camera future"},"content":{"rendered":"

Minox has issued a statement on the future of its ?point-and-shoot? compact cameras after the firm?s managing director suggested they were no longer worth investing in.<\/strong><\/p>\n

Last week Minox?s managing director Thorsten Kortemeier hinted to Amateur Photographer<\/a> that the firm was pulling out of the digital compact camera market in the face of increased competition from camera phones. <\/p>\n

Speaking at the PMA@CESshow<\/a> in Las Vegas on 12 January, Kortemeier said: ‘We will not do any more compact cameras. I will not invest in them any more.’<\/p>\n

Five days later, Minox?s PR unit swung into action, claiming his comments have sparked a flood of enquiries to the company?s HQ in Germany with ?the number of Tweets (Twitter) and telephone enquiries from the local press increasing by the hour?.<\/p>\n

In a subsequent statement issued in a bid to clarify the matter this afternoon, Minox apologised for any ‘misunderstanding’ and said its MD had ?attempted to express the following?: <\/p>\n

?According to GfK (community for market research), the market for digital cameras as a whole has gone markedly down, largely due to the increased use of mobile phones as a camera.<\/p>\n

?For this reason, Minox is concentrating on digital camera niche products such as the Digital Camera Classic, Spy Camera, trail cameras and sport optics products, making more than 60% of the gross turnover for Minox.<\/p>\n

?Despite this, Minox will continue to market a small assortment of digital compact cameras, such as the new DC 1611 with 16MP to be introduced in May.?<\/em><\/p>\n

A Minox spokesperson conceded that the firm will not be launching as many models in future, possibly as few as one or two per year.<\/p>\n

It is unclear whether production of the new DC 1611 has already started.<\/p>\n","protected":false},"excerpt":{"rendered":"

Minox has issued a statement on the future of its \u2018point-and-shoot\u2019 compact cameras after the firm\u2019s managing director suggested they were no longer worth investing in.<\/p>\n","protected":false},"author":324,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[39],"tags":[],"product-category":[],"class_list":["post-14190","post","type-post","status-publish","format-standard","hentry","category-photo-news"],"yoast_head":"\nMinox issues statement on compact camera future - Amateur Photographer<\/title>\n<meta name=\"description\" content=\"Minox has issued a statement on the future of its \u2018point-and-shoot\u2019 compact cameras after the firm\u2019s managing director suggested they were no longer worth investing in.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/other.kelsey.host\/amateurphotographer\/latest\/photo-news\/minox-issues-statement-on-compact-camera-future\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Minox issues statement on compact camera future\" \/>\n<meta property=\"og:description\" content=\"Minox has issued a statement on the future of its \u2018point-and-shoot\u2019 compact cameras after the firm\u2019s managing director suggested they were no longer worth investing in.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/other.kelsey.host\/amateurphotographer\/latest\/photo-news\/minox-issues-statement-on-compact-camera-future\/\" \/>\n<meta property=\"og:site_name\" content=\"Amateur Photographer\" \/>\n<meta property=\"article:publisher\" content=\"http:\/\/www.facebook.com\/Amateur.photographer.magazine\" \/>\n<meta property=\"article:published_time\" content=\"2012-01-17T16:49:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2014-09-02T13:48:16+00:00\" \/>\n<meta name=\"author\" content=\"Megan Graye\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@AP_Magazine\" \/>\n<meta name=\"twitter:site\" content=\"@AP_Magazine\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Megan Graye\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/other.kelsey.host\/amateurphotographer\/latest\/photo-news\/minox-issues-statement-on-compact-camera-future\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/other.kelsey.host\/amateurphotographer\/latest\/photo-news\/minox-issues-statement-on-compact-camera-future\/\"},\"author\":{\"name\":\"Megan Graye\",\"@id\":\"https:\/\/other.kelsey.host\/amateurphotographer\/#\/schema\/person\/09a37c0ec6db00d983eb2045e99ff2f1\"},\"headline\":\"Minox issues statement on compact camera future\",\"datePublished\":\"2012-01-17T16:49:00+00:00\",\"dateModified\":\"2014-09-02T13:48:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/other.kelsey.host\/amateurphotographer\/latest\/photo-news\/minox-issues-statement-on-compact-camera-future\/\"},\"wordCount\":295,\"commentCount\":0,\"articleSection\":[\"Latest news\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/other.kelsey.host\/amateurphotographer\/latest\/photo-news\/minox-issues-statement-on-compact-camera-future\/\",\"url\":\"https:\/\/other.kelsey.host\/amateurphotographer\/latest\/photo-news\/minox-issues-statement-on-compact-camera-future\/\",\"name\":\"Minox issues statement on compact camera future - 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