From cut-price apple pies to free iPads, companies in China are transforming Sunday's dreaded consumer rights day into a shopping frenzy, to blunt the impact of being named and shamed in state broadcaster CCTV's annual expose.
Nikon Corp
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Analysts said the once-core enterprise of compact digital cameras already seemed increasingly obsolete due to smartphones.
Nikon cut its full-year shipment target to 6.5 million from 7.1 million units as mirrorless cameras began to lose their shine.
The camera-producer titans find it hard to sell its product due to the increasing demand for smartphones.
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