Konica Minolta Holdings Inc. said in January it will withdraw from the business. Back in 2004, Agfa-Gevaert sold its famous photographic arm. "In the next 6-12 months, there will be more of these announcements. The next to disappear will be the makers of music devices and then the manufacturers of video cameras," Vanjoki was quoted as saying. Devices such as Apple's iPod could come up against tough competition as music phones evolve.
In 2005, Nokia made 40 million music handsets. This year, the company hopes to double that figure. Recording video has been possible on many expensive Smartphone models, and now the feature is beginning to show up on less expensive phones. In just a few short years, this feature may be considered a standard in all new phones.
Source:
Reuters
Written by: James Delahunty @ 22 Mar 2006 17:36