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Canon to revise up camera sales
Japan’s Canon said yesterday it is thinking of slightly raising its camera sales forecast for 2010 from the current 25.9m units, thanks to better-than-expected sales in the profitable interchangeable lens camera segment. Sales of compact cameras, forecast at 21m units, are in line with expectations, Masaya Maeda, head of the Image Communication Products division at the world’s biggest digital camera maker said. Canon is likely to post a 180 per cent jump in profits to about 182bn yen (£1.38bn) for the January to June period. The company last revised its annual camera sales forecast upwards in April.