Saturday April 08, 2017

Samsung Ditches Digital Camera Business

Samsung has lost all interest in producing and selling traditional cameras, and who can blame them, as most people are complacent with their smartphone sensors these days. The company will try to continue the business with specialty products that include 360 and VR cameras, however. I don’t think Samsung’s cameras measured up well to the likes of Nikon, Canon, and Fujifilm, so they probably won’t be missed.

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Samsung Electronics has recently stopped producing and selling digital cameras, hinting at the Korean tech giant’s departure from the waning market, industry sources said on April 7. "We no longer produce and sell digital cameras," said a Samsung official on condition of anonymity. "But we will create a new camera product category to continue the business." The new category may include cameras for smartphones and other mobile devices and the Gear 360 camera that captures high-resolution images and videos in 360-degrees.

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