Ricoh announces the PENTAX 17 compact film camera [Yahoo! Finance]
RICOH CO LTD SPN ADR (RICOY)
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Source: Yahoo! Finance
PARSIPPANY, N.J. June 17, 2024 /PRNewswire/ -- Ricoh Imaging Americas Corporation today announced the highly anticipated PENTAX 17 compact film camera. The PENTAX 17 is a half-frame camera, capturing two 17mm x 24mm pictures within a single 35mm-format (36mm x 24mm) film frame. It produces vertical-format pictures, with similar ratios to those captured by smartphones, for seamless sharing on social media after the film is developed and scans are produced by a film lab. The popularity of film cameras has grown rapidly in recent years — especially among young photographers — because of the distinctive, somewhat nostalgic experience provided that is so different from using digital cameras. The compound annual growth rate (CAGR) for the global film camera market is projected to be 5.2% through 2030 and a quick search of the hashtag #filmphotography on Instagram pulls up more than 42.6 million posts. Borne out of the PENTAX Film Camera Project , a concept first announced in December o
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