Shockwaves spread throughout the camera world this week when it was reported that Nikon would end 70 years of camera production in Japan and move manufacturing to Thailand. How do you feel about this? And how do Japanese people feel about this? When you think of the big camera companies in existence today, Nikon will almost certainly be a part of the conversation alongside the likes of Canon, Sony, Panasonic, and others. However, financially, things haven’t been going too well for Nikon in recent times and reports out this week suggest that Nikon is taking itself out of Japan and moving its camera production division to Thailand. There are a number of reasons for this, including the most obvious: economics. Wages, taxes, production costs, and so forth will no doubt be cheaper in Thailand. Thus, when you’re struggling financially, it makes sense to find ways to cut costs. Also, […]
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