Hoya seeks electronics partnership for Pentax
An by Bloomberg.com looks at Hoya Corp. some two years after its takeover of Japanese imaging company Pentax Corp. According to the article, which quotes Japan’s Nikkei newspaper, Pentax looks set to shed its status as the only Hoya division not turning a profit. Cost-cutting by its new owner – including workforce reductions and the closure of Pentax’s sole remaining Japanese digital camera factory – is apparently working, with Nikkei reporting that the camera brand likely turned its first profit in seven straight…
