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Konica Photo Imaging history
Konica Photo Imaging company history timeline
In 1967 Konishiroku suffered heavy losses caused by the production of defective color film and its inability to increase its market share.
1968 - Introduction of the Autoreflex T, 1st 35mm focal-plane shutter SLR with AE and TTL metering.
Konishiroku celebrated its 100th anniversary in 1973 and began to use the Konica name on more of the products it sold in the European and North American markets.
1975 - Introduction of the C35EF, 1st compact camera with incorporated flash and AE function.
In 1975, a year of growth and change for Konishiroku, the company introduced the Konica C35 EF, the first of a new generation of compact cameras with a built-in electronic flash.
U-Bix copiers were well received, with sales reaching the 50,000-unit mark by 1975.
Konishiroku introduced the Konica C35 AF, a camera featuring an automatic focusing system, in 1977.
By 1978 plain paper copiers would account for 23 percent of the company's total sales.
In 1978 Konishiroku moved its headquarters to Tokyo's Shinjuku ward and opened a branch office in Great Britain to market cameras and photographic materials.
Konishiroku's most notable activity in 1979 was the purchase of its first shares in the United States-based Fotomat chain of photofinishing stores, which had experienced a drop in profits the previous year.
The price of silver, an essential ingredient in films, skyrocketed in 1980, and Konica, like other film producers worldwide, was forced to repeatedly raise its film prices.
Fotomat had begun to lose money by 1982, suffering from shortsighted business decisions, overexpansion, and increased competition from mass merchandisers who set up their own photo laboratories and from minilabs, which provide customers with prints in an hour.
1983 - Introduction of the Konica FT-1, the last SLR manufactured by Konica.
Megumi Ide was named company president in 1983, the same year that Konishiroku introduced the Konica AF3 camera, with the company's own infrared autofocus system replacing the Honeywell autofocus system.
The company acquired a 30 percent interest in Royal Business Machines in 1984 and agreed to sell its plain-paper copiers under Royal's name.
Konishiroku introduced a high-quality aspherical plastic pick-up lens for use in compact disc players in 1984, the same year it established Konica Technology, in Sunnyvale, California, a research, development, and marketing subsidiary for high-tech products.
The year 1986 saw much activity for Konishiroku.
First marketed by Fuji in 1986, Konica began selling its first single-use camera the following year.
In the fall of 1987, Konishiroku changed its name to Konica Corporation.
1988 - Konica withdraws from the SLR market
Konica introduced two new cameras in 1989.
Konica began to market its first laser printers in 1990.
The company also funded the Konica Gallery, a Japanese gallery in the British Museum that opened in 1990.
Continuing its history of innovation, Konica in 1994 unveiled the ECOJET Nice Print System, the first minilab system to use tablet-form photofinishing chemicals.
At Amber Diagnostics our trained professionals have been refurbishing used imaging equipment since 1994.
Also in 1997 Konica entered the burgeoning market for digital still cameras through the release of the Q-M100.
Konica also announced in February 1999 that it would reduce group employment by eight percent over a two-year period.
Konica was Japan’s first maker of photographic materials and cameras and, until 2006, one of the world’s four largest manufacturers of such products.
But it wasn’t until 2006 that Konica ventured completely outside of the camera/photography business.
In 2012 Konica Minolta bought the Japan operations of FedEx Office.
On October 19, 2017, Konica Minolta acquires the Ambry Genetics Corporation, accelerating the precision medicine business.
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Konica Photo Imaging may also be known as or be related to Konica Photo Imaging, Konishiroku Kogaku and Konica.