Smartphones Wiped 97% of Compact Digital Camera Market
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. From a report: The companies will instead focus resources on pricier mirrorless models going forward, aiming to navigate a market upended by smar … ⌘ Read more

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