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Nikkei: “Panasonic, Nikon quit developing low-end compact digital cameras”

Nikkei reports: Japanese camera manufacturers are bidding farewell to a once-major component of their operations, with Panasonic Holdings and Nikon suspending development of entry-level point-and-shoot cameras under their flagship brands. The companies will instead focus resources on pricier mirrorless models going forward, aiming to navigate a market upended by smartphones. Nikkei analyzed why this is…...

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Published By: 43Rumors - Monday, 8 August, 2022

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