Cameras

Economic Recession to hit DSLR Sales

Tsuneji Uchida, president of Canon Inc predicted the shrinking of the digital camera market in 2009

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Tsuneji Uchida, president of Canon Inc predicted the shrinking of the digital camera market in 2009. In an interview to Reuters, Uchida admitted that the global economic recession had harmed sales of DSLRs.

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'We hope we will see the same level of demand next year as this year,' Uchida said in an interview conducted on Friday and embargoed from publication until Tuesday. 'Whether or not that will become reality is up to economic conditions.'*

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