halenger writes "Japanese photographic equipment maker Konica Minolta has announced plans to withdraw from the camera business. Konica Minolta said the market had become too competitive, and added it would sell its digital camera business to Japanese electronics giant Sony."
From the article: "Its decision to ditch the camera business altogether includes the cessation of its colour film and photo paper business, in which it has trailed Eastman Kodak of the US and Japan's Fuji Photo Film. Instead, it plans to focus on products such as colour office photocopiers and medical imaging equipment."
We just recently reported on the decision by Nikon to go completely digital