CIPA's latest numbers show camera production, sales slashed by half in March

The coronavirus pandemic has hit the camera industry particularly hard with a dramatic downturn in both production and sales during March. Traditionally a period when sales of new products announced after the New Year begin to come on-line, this March saw production and shipments from Japanese companies drop to only 48% of levels reached in the same month last year. Figures released by the Japanese Camera and Imaging Products Association (CIPA) show world-wide shipments were only 47.8% of the vo...