twice connect
careers

Nikon Reports Q1 Profit Surge

8/05/2010 09:53:29 AM Eastern

Tokyo - Nikon said Thursday
that strong camera sales and increased demand for machinery used in the
production of silicon wafers and LCD panels contributed to a more than 15
percent increase in operating profits for its fiscal first quarter.

The company reported an operating profit of 11.3 billion yen
($131 million) for the April to June period, compared with 730 million yen for
the same period last year.

Net profit was 8.15 billion yen ($95 million) in the period,
compared with a loss of 4 billion yen last year.

Sales of d-SLR and compact cameras rose 33 percent from a year
earlier to 4.5 million units, the company said.

Nikon benefitted from a strong uptick in demand in steppers and
scanners, which are expensive machines used to etch circuitry onto silicon
wafers and LCD panels.

 

PHOTOS
Nationwide PrimeTime 2014

Scenes from Nationwide PrimeTime buy fair held in

ProSource Meeting Filled With Optimism

San Antonio — Optimism reigned at ProSource’s

Ingram Draws 500 To Spring Vendor Expo

Scottsdale, Ariz. — Ingram Micro Consumer

CEA Holds ’14 Digital Patriots Dinner

Washington — CEA held its annual Digital Patriots’

8 Technology Accessories For a Greener Earth

An Earth Day review of Earth-friendly products, by

BrandSource Shows Diverse Product Selection

BrandSource’s Summit show at the Marriott World