6 months made all the difference ...
6 months made all the difference. Back in 2006-December, Hoya saw the camera division as a major burden. 6 months later, sales are up 250% total over last year and Pentax is raking a profit based on its hot-cakes selling K100D and K10D. I think Pentax has shown that if it keeps its focus, sells only 2 current camera products and an adequate set of lenses, it can be very profitable. If it tries to expand out from that, it only takes on a burden -- like Pentax did until more recently re-focusing on its 3, core, profitable industries.
The big issue with Pentax, beyond their size and R&D budget, is that the profit model today is to screw over your customer. That means selling a camera that does not maintain backward compatibility with lenses, and forces users to buy new lenses. So many consumers look at "entry costs" and don't look at the "total costs" -- especially not longevity, compatibility, re-usability, etc... The AF K-mount has been around for virtually 20 years, providing K100D and K10D owners a wealth of options, in addition to manual lenses of virtually 30 years. The fact that there is a company out there that still has the attitude that "we can make money, but still be about customer value" is probably the #1 reason I bought Pentax as my first dSLR.
As far as the Samsung, there are many factors. First off, Japan does not allow foreign companies to take major stakes in Japanese companies, only minor ones. Secondly, South Korea is virtually a facist-monopoly economic model -- not a capitalist one -- where government not merely promotes, but even sanctions, authorizes and, to some extent, controls monopolies -- especially conglomerates like LG, as well as foreign firms who wish to do any business (e.g., South Korea is one nation where running Linux on the alleged "open standard" Internet is virtually impossible, because of the absolute monopoly Microsoft has been granted). That deters Japan from even allowing a controlling share of one of its companies by a South Korean firm.
But if Samsung wants to further license Pentax technologies if and when Hoya is not interested in developing them further, that is quite a possibility. And nothing prevents Samsung from continuing to support the K-mount. In fact, these licenses may already be in place, at least to a certain extent. As an engineer who is commonly involved with IP details (not a lawyer, but I work with them regularly -- including writing contracts and agreements myself), I would be interested in knowing more about the current Pentax-Samsung licensing agreements in place. At some point Samsung may drop the K-mount in their line -- but they will most likely support it for awhile to gain marketshare.
Last edited by bjsmith; 05-24-2007 at 11:18 PM.
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