Nikon to Double Digital Camera Production For Fiscal 2002

JPEA Photo Electro News reports Nikon Corp. plans to double sales of digital cameras for fiscal 2002/2003, ending March 2003, while reducing film camera sales about 20 percent. Nikon sold 480,000 SLRs worldwide in the first six months of the year, ended in September. The company expects to sell another 370,000 units in the latter half, JPEA Photo Electro News reports.

Nikon sold 950,000 compact cameras in the April-Sept. period, and expects to sell 610,000 additional units in the second half of the year, JPEA Photo Electro News reports.

Digital camera sales for the first half year were 640,000 units, up 68 percent. For the whole year, Nikon expects to sell a total of 1.3 million units.