Samsung gives up on digital cameras
Samsung has long been a player in the digital camera market but the company appears to have stopped production and sales of these products. The digital camera market itself is declining given that almost everyone prefers smartphone cameras for informal photography and smartphone cameras continue to get better with each generation.
It has been a while since Samsung last launched a new digital camera, the last time it did that was with the NX500 mirrorless camera that came out in March 2015.
An unnamed Samsung official revealed to a local news outlet in South Korea that Samsung is no longer producing and selling digital cameras but also pointed out that it will create a new camera product category to continue the business.
The new category is expected to include cameras for smartphones and other mobile devices. The Gear 360 camera is an example of one such product. It has already launched a new model of its virtual reality camera and it goes without saying that the company will continue to improve this product over the coming years.