Channelnews : nikon moves to jack up prices

Channelnews : nikon moves to jack up prices

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Just when SLR camera’s Nikon has moved to jack up prices. The Japanese Company has moved to increase prices in several markets due to the introduction of US tariffs, it’s not known whether


Australia will be affected. The move follows price rises by both Canon and Leica. At this stage Nikon hasn’t said which products will be affected, but several outlets have received word from


dealers that the changes will mostly affect lenses and accessories manufactured in China. “Due to the recent tariffs, a necessary price adjustment for products will take effect on June 23,


2025,” the company wrote last week. “We will be carefully monitoring any tariff developments and may adjust pricing as necessary to reflect the evolving market conditions. We wish to thank


our customers for their understanding and know that we are taking every possible step to minimize the impact on our community.” Nikon claims that the introduction of Tariffs could cut its


operating profit by around A$105 million. Canon, the worldwide leader in camera sales, said in its earnings report last month that it would raise prices soon. Fujifilm recently paused US


preorders for several models including the X-M5 and X100 VI. About Post Author David Richards David Richards has been writing about technology for more than 30 years. A former Fleet Street


journalist, he wrote the Award Winning Series on the Federated Ships Painters + Dockers Union for the Bulletin that led to a Royal Commission. He is also a Logie Winner for Outstanding


Contribution To TV Journalism with a story called The Werribee Affair. In 1997, he built the largest Australian technology media company and prior to that the third largest PR company that


became the foundation company for Ogilvy PR. Today he writes about technology and the impact on both business and consumers.