Sony Declined Cooperation Offer from Rival in Mirrorless Camera Development
In a recent interview with Nikkei Business, Shigeki Ishizuka, former vice chairman of Sony Group, revealed that Sony declined an invitation from a leading camera company to collaborate on mirrorless technology. Ishizuka, who led Sony's mirrorless project, explained that despite confidence in their technological innovation, they realized that innovation alone wouldn't ensure market dominance. A 'group that was ahead in mirrorless' invited Sony to work together, but after internal discussions, Sony decided to pursue its own path, aiming to create a compact mirrorless camera that was uniquely Sony. The unnamed company is speculated to be Olympus or Panasonic, given the competitive landscape at the time. Sony began its mirrorless project in early 2009 and launched its first E-mount cameras, the NEX-3 and NEX-5, in 2010. Ishizuka also noted the influence of the iPhone, released in Japan in 2008, which prompted Sony to focus on compact design. Despite initial challenges, Sony set an internal goal in 2013 to become the market leader within five years, a goal it eventually achieved, though it continues to compete with Canon for the top spot. Ishizuka highlighted the importance of interchangeable lenses as the most profitable business segment. He also observed that while overall camera sales have declined significantly since 2010, the value per unit has increased, and a new cycle of enthusiasts seeking better cameras has emerged.
Key facts
- Shigeki Ishizuka, former vice chairman of Sony Group, gave an interview to Nikkei Business.
- Sony declined an invitation from a market leader to cooperate on mirrorless cameras.
- Sony began its mirrorless project at the beginning of 2009.
- Sony launched its first E-mount mirrorless cameras, NEX-3 and NEX-5, in 2010.
- The iPhone was released in Japan in 2008 and influenced Sony's focus on compact design.
- In 2013, Sony set an internal goal to become the market leader in five years.
- Sony's first full-frame mirrorless cameras, a7 and a7R, were released in 2013.
- Annual camera sales last year were less than eight percent of units shipped in 2010.
- Ishizuka noted that interchangeable lenses were the most profitable business.
- Sony and Canon regularly compete for the number one position in the camera market.
Entities
Artists
- Shigeki Ishizuka
Institutions
- Sony Group
- Nikkei Business
- Olympus
- Panasonic
- OM System
- Samsung
- Apple
- Canon
- Associated Press
- FIFA
- White House
Locations
- Japan