Nikon blamed declining demand for digital cameras on the rise of smartphones © Nikon
Nikon blamed declining demand for digital cameras on the rise of smartphones © Nikon

Nikon closes camera factory due to rise of smartphones

1 November 2017

Japanese manufacturer Nikon has announced it will shut down its digital camera factory in China due to declining demand caused by the rise of smartphones with inbuilt cameras.

The decision, made by Nikon’s board of directors, closes Nikon Imaging China (NIC)—a subsidiary of Nikon that was formed in 2002 in Wuxi City, China, that manufactured digital cameras and DSLR lenses.

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