“We no longer produce and sell digital cameras,” said a Samsung official on condition of anonymity. “But we will create a new camera product category to continue the business.”

The new category may include cameras for smartphones and other mobile devices and the Gear 360 camera that captures high-resolution images and videos in 360-degrees… More at The Investor.

The reality is that most people see no need to pay £300+ for a standalone camera. For some, £2,000+ makes sense, but the middle ground is quickly becoming unnecessary.

Categories: Photography