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Canon cuts 2011 compact camera sales target to 20 mln units
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(Reuters) - Japan's Canon Inc , the world's largest digital camera maker, lowered its sales target for digital compact cameras on Tuesday after last month's massive earthquake and tsunami forced stoppages at plants and looks to further hinder output throughout the year.

It now expects to sell 20 million compact cameras this calendar year, down from its forecast of 23 million before the quake.

But it kept its forecast for sales of digital single lens reflex (SLR) cameras unchanged at 7 million.

From - Reuters
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