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Pentax to Make Camera Phone Parts

The company will focus on such noncamera operations under its medium-term business plan unveiled that day, company officials said.

Under the plan, Pentax intends to raise consolidated sales to 200 billion yen for fiscal 2006, up about 50% from the year ended March 31, and lift operating profit by 130% to 16 billion yen.

The three-year plan calls for establishing divisions in charge of designing and manufacturing digital camera parts for supply to other firms. New operations will include sales of 2- to 3-Mpixel modules for camera phones, according to the officials.

Read more at NEAsia