We might as well give up on trying to figure out whether or not Samsung cameras are dead or not, because every week we come across new, contradicting information about whether or not Samsung is actually planning to shutter its camera business.[Read More…]
Just last week we came across reports from Hong Kong, Australia and Europe claiming that Samsung is about to shut down its camera business in those countries, and the first official announcement is already here.
Earlier today Samsung Germany told fotoMAGAZIN that the company will stop selling digital cameras, camcorders and related accessories, due to low demand.
Despite stressing that this announcement will only affect the German market, phasing out of the largest economy in Europe seems like a strong statement regarding the company’s future steps.
For a while now we’ve been seeing reports concerning the future of Samsung’s camera business.
It started with a report from a South Korean journal, followed by another Korean newspaper and Spanish and Portuguese stores claiming that Samsung will be exiting the digital camera business, and while Samsung hasn’t issued an official statement it looks like the end is nearing.
Reports are now coming in from Europe, Hong Kong and Australia claiming that at the very least the company is discontinuing its flagship NX1, if not shutting down the camera division completely.
In an unprecedented move, the company is reported to have explained this by saying that there are “much better and upgraded cameras”.