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Canon: Camera Sales Will Soon Be 8% of What They Were a Decade Ago

Canon is preparing for a time when the digital camera market will only ship 10 million units annually, about 8.2% of the number shipped in 2010. With that in mind, the company is slimming down its production, sales, and product lineups going forward. Toyo Keizai has been publishing some outstanding stories that are delving deep into the digital camera industry, and the latest is based on an…
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MobileNews

LG considers leaving the mobile business

After nearly six successive loss-making years and a $5 billion commitment, LG may finally be ready to leave the smartphone business. The Korea Herald says that CEO Kwon Bong-seok, in a message to staffers, suggested that change was coming. A company official later told the…
MobileNews

LG has now given up on making LCD iPhone screens – report

LG Display has ceased making LCD iPhone screens, and abandoned hopes of doing so in the future, according to a supply-chain report. Separately, the company has stated that it may cease making its own smartphones. LG has a long but somewhat troubled history in making iPhone screens … Background LG once rivaled Samsung as a key supplier of iPhone screens, and Apple benefited from having two…
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MobileNews

Ex-Uber self-driving head convicted of stealing Google trade secrets pardoned by Trump

Ahead of his term ending, President Trump late this evening issued 143 clemencies. One of the pardons was for Anthony Levandowski, who was convicted of stealing Google’s self-driving technology before departing for Uber.  Levandowski was an early employee of Google’s self-driving car project, but later clashed with management on the rate of progress. Before leaving Google, the engineer…
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MobileNews

Google Lens passes 500 million installs on the Play Store

Another core Google app has now reached the 500-million install milestone on the Google Play Store – this time, it’s the turn of Lens. After launching some three or so years ago, Google Lens is one of those often forgotten apps that has a ton of utility under the hood…
MobileNews

LG might leave the smartphone market soon, CEO confirms

LG’s space in the smartphone market has been chipped away at for years, but next year the company might actually call it quits. That’s right, LG has officially confirmed that it’s considering leaving the smartphone market in 2022. A report earlier this week from The Elec (since deleted) claimed that LG higher-ups had notified employees of the potential plans, but LG representatives flat…
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