CIPA reports 19% sales drop for January 2020. The market faces a terrible year :(

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Cipa published the January camera shipment report. System camera sales dropped by 19%. And with the Coronavirus halting production and affecting the entire world economy it’s highly likely sales will drop much further.

I do expect delays in camera shipments, delays in launch of new gear and further company cost reduction measures. Wish we could fast forward to 2021 :(

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