Nikon Corporation (株式会社ニコン, Kabushiki-gaisha Nikon) (UK: or US: ; listen [ɲikoɴ]), also known just as Nikon, is a Japanese multinational corporation headquartered in Tokyo, Japan, specializing in optics and imaging products. The companies held by Nikon form the Nikon Group. Nikon's products include cameras, camera lenses, binoculars, microscopes, ophthalmic lenses, measurement instruments, rifle scopes, spotting scopes, and the steppers used in the photolithography steps of semiconductor fabrication, of which it is the world's second largest manufacturer. The company is the eighth-largest chip equipment maker as reported in 2017. Also, it has diversified into new areas like 3D printing and regenerative medicine to compensate for the negative impacts from shrinking digital camera market.Among Nikon's notable product lines are Nikkor imaging lenses (for F-mount cameras, large format photography, photographic enlargers, and other applications), the Nikon F-series of 35 mm film SLR cameras, the Nikon D-series of digital SLR cameras, the Coolpix series of compact digital cameras, and the Nikonos series of underwater film cameras. Nikon's main competitors in camera and lens manufacturing include Canon, Sony, Fujifilm, Panasonic, Pentax, and Olympus. Founded on July 25, 1917 as Nippon Kōgaku Kōgyō Kabushikigaisha (日本光学工業株式会社 "Japan Optical Industries Co., Ltd."), the company was renamed to Nikon Corporation, after its cameras, in 1988. Nikon is a member of the Mitsubishi group of companies (keiretsu).