Samsung to allegedly discontinue its line of digital cameras

Tech giant Samsung has been leading several industries including phones, tablets, home appliances, and TVs with no sign of slowing down, until now.

An article released by the popular Korean news outlet Asiae reports Samsung is going to suspend its camera division by moving employees around to its medical, optical, and smartphone departments. Perhaps this is for research and development to improve imaging for these industries. It is not known if Samsung plans to relaunch a digital camera division in the future or if it will do away with it altogether.

It seems that this will only affect the mirrorless cameras (non-DSLRs), since the translated article mentions the words "mirrorless" and "NX500" throughout. Neither of which would suggest DSLR cameras are included (Although, DSLRs tend to have much longer life-cycles). Also, the website samsungcamera.com, which hasn't been updated for months, seems to only feature mirrorless cameras.

The same article also mentions "...to the growth of smartphone cameras, as well as high-end digital cameras." suggesting plans to improve DSLR image sensors as well.

There's a chance that Samusng is taking a year or two off of the digital camera space to regroup, review, and relaunch its product and marketing to better compete with Sony, Canon, Nikon, and Kodak for the digital camera space. Yet staging a comeback with zero market share will be pretty tough so if Samsung is to close the division it will likely be for good.

Via | Source