Strategy in TECH...
Interesting news out of Japan as we learn that Ricoh, a large Japanese imaging company that owns the Pentax camera brand, is launching its first film camera under the Pentax brand in over 20 years. This new model, the Pentax 17, will launch first in overseas markets in June, and then in the domestic (Japan) market in July.
Just a couple of weeks after we reported on GoPro’s recall of thousands of defective Karma drones and other business problems, now comes word that the company is in the process of cutting more than 200 jobs, or about 15% of its total workforce, amid a sales decline. The company has also decided to shut down its Entertainment division and rededicate itself to its core wearable camera business.
