CAJ Stock Price, News & Analysis

Canon U.S.A. has been recognized by Keypoint Intelligence with three BLI Outstanding Innovation Awards for its advancements in production print technology. Award-winning products include the varioPRINT iX-series, ProStream 1800, and Arizona 2300 printers. These innovations showcase significant performance enhancements such as increased speed, improved output quality, and operational efficiencies. The awards underscore Canon's commitment to delivering innovative solutions that drive productivity and sustainability within the industry, vital in a challenging market environment.

On October 19, 2020, Canon U.S.A. announced the launch of three new CMOS sensors: the LI8020 series, LI3030 series, and LI7050SAC. The LI8020SAC sensor boasts a resolution of approximately 250 million pixels, ideal for high-definition applications. The LI3030SAI sensor offers enhanced sensitivity for low-light environments, while the LI7050SAC targets security camera markets with high sensitivity and affordable pricing. These innovations aim to expand Canon's industrial vision product lineup and improve imaging solutions.

Canon U.S.A. has announced the launch of the Speedlite EL-1, a professional speedlight designed to enhance photography with superior performance. The EL-1 features a rechargeable Li-ion battery, improved cooling for approximately 170 continuous flashes, and a user-friendly interface. It integrates seamlessly with EOS cameras and supports various photography styles. Priced at $1,099, the Speedlite EL-1 will be available in February 2021. Canon's parent company, Canon Inc. (NYSE:CAJ), reported global revenues of approximately $33 billion, emphasizing its strong market position.

Canon U.S.A. has announced the EOS M50 Mark II, an upgraded interchangeable lens camera, succeeding the popular EOS M50. This new model is tailored for content creators, featuring enhanced video capabilities and autofocus, including eye detection for both stills and video. Key upgrades include vertical video shooting support, a vari-angle touchscreen, and high-quality webcam functionality. Priced from $599.99, the EOS M50 Mark II aims to attract families and budding social media creators, reinforcing Canon's commitment to delivering user-friendly imaging solutions.

On October 14, 2020, Canon U.S.A. launched the PowerShot ZOOM, its first telephoto monocular, designed for outdoor enthusiasts. This lightweight device features 100mm, 400mm, and 800mm telephoto viewing capacity with instant zoom. It captures images and videos which can be downloaded via the Canon Camera Connect app. Key features include auto focus, optical image stabilization, and 12-megapixel image capture. Priced at $299.99, the PowerShot ZOOM will be available in late November 2020.

Canon U.S.A., Inc. has been awarded the 2020–2021 Buyers Lab PaceSetter award in Serviceability & Support, following prior recognition in 2018-2019. This award highlights Canon's commitment to improving service and support through advanced technologies like predictive analytics and virtual presence. Keypoint Intelligence praised Canon's in-field support, security portfolio, and adaptability during the COVID-19 pandemic. The company aims to enhance customer experiences with ongoing investments in training and virtual support tools.

On October 5, 2020, Canon U.S.A. announced that its Canon Office Cloud service has achieved a moderate-level FedRAMP Authority to Operate (ATO) as of September 4, 2020. This certification allows Canon to provide secure cloud services to U.S. federal agencies and other eligible entities. The cloud platform, which includes Managed Print Services, enables users to efficiently manage print devices while ensuring data security. The initiative aligns with government modernization strategies, demonstrating Canon's commitment to delivering quality solutions.

On October 1, 2020, Canon U.S.A., Inc. expanded its renowned Explorers of Light (EOL) program by welcoming five new photographers: Lara Jade, Lynsey Weatherspoon, Kahran & Regis Bethencourt (CreativeSoul), and Atiba Jefferson. This initiative highlights Canon's commitment to elevating diverse talents and perspectives in photography.

The EOL program, established over 25 years ago, offers a platform for renowned photographers to share knowledge and inspire others, reinforcing Canon's influence in the digital imaging sector.

Canon U.S.A. Inc. launched the CJ20ex5B, a new addition to its UHDxs series of 4K UHD broadcast portable zoom lenses. This lens features a 5mm wide-angle to 100mm telephoto focal range, designed for versatile coverage of sports and newsgathering. Weighing just 4.76 lbs. and measuring 9.9 inches, it includes a built-in 2x extender, achieving a zoom range of up to 200mm. Canon emphasizes its commitment to high-quality optics with advanced coatings to reduce aberrations. The lens is set to be available early in 2021.