Konica Minolta headquartered in Tokyo, Japan is the result of 2 companies, Konica and Minolta merging in 2003. Minolta was founded in 1928 and was known for manufacturing cameras, fax machines, laser printers and photocopiers. Konica was founded in 1873 pre dating Kodak in the camera business. Konica was also known for manufacturing laser printers and photocopiers but specialised in cameras, photographic and photo processing equipment. They were known for their excellent quality 35mm and SLR cameras. In 2006 Konica Minolta announced that it was leaving the camera business due to financial reasons and laid off 3,700 employees. Konica Minolta then focused on corporate multi function printers, laser printers, fax machines and copiers. Between 2007 and 2012 Konica Minolta continued to develop leading edge technology for their products and is still known for their excellence in quality today.