Leica Camera (LCA1) AG aims to have 1 percent of the global camera market within 10 years, the Frankfurter Allgemeine Zeitung reported, citing supervisory board chairman and majority owner Andreas Kaufmann.
Today, Leica has 0.15 percent, Kaufmann told the FAZ. He said he expects China to overtake the U.S. as Leica’s biggest market within five years, the newspaper reported.
To contact the reporter on this story: Ragnhild Kjetland in Frankfurt at email@example.com
To contact the editor responsible for this story: Kenneth Wong at firstname.lastname@example.org