New York Times: only Canon, Nikon and Sony will survive

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The New York Times published an article on the future of camera manufacturers. According to Credit Suisse imaging analyst Yu Yoshida only Canon, Nikon and Sony are likely to survive in the future:

"If you look mid-to-long term, digital camera makers are slipping and the market is becoming an oligopoly," said Credit Suisse imaging analyst Yu Yoshida.

Panasonic held 3.1 percent of the camera market in July-September, down from 3.8 percent a year earlier, according to IDC. Canon Inc, Nikon Corp and Sony Corp controlled over 60 percent between them.

"Only those who have a strong brand and are competitive on price will last - and only Canon, Nikon and Sony fulfill that criteria," added Yoshida.

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