The Korea Herald : The Nation's No.1 English Newspaper The mirrorless camera market is expected to grow from 1 million units in 2010 to 5 million units in 2012, Samsung said.
"We plan to concentrate our resources on mirrorless DSLR cameras for the time being," an Samsung executive said at a news conference.
He also downplayed speculation that the company may give up its DSLR business and sever ties with Pentax, which Samsung heavily relies on for its DSLR cameras.
"We have maintained close ties with Pentax, our strategic partner," the executive said. Samsung Denies M&A Deal With Pentax Samsung Digital Imaging (SDI), Samsung Electronics' affiliate, has denied the possibility of buying Japan's Pentax Corp.
Park Sang-jin, president and CEO of Samsung Digital Imaging, said the company will maintain its current links with its Japanese partner.
"The need for the acquisition of Pentax has been reduced as Samsung has already internalized key camera-related technologies such as image sensors," the CEO said during a meeting with reporters in Seoul, Tuesday.
"We reviewed the M&A scenario a few years ago as Samsung was having difficulties in securing related technologies," the top executive said.
Upcoming hybrid digital cameras, possibly in the second half of this year, will be equipped with SDI's own lens and image sensors, he said.
"Another key point is that we will find new partners able to diversify possible channels for lenses."
Reading on it's funny to hear the "sabre ratteling. One question is which camera company suffered the 50 mil won loss? Nikon and Canon are said to have had a +20% net......
Love Samsungs propaganda machine.
One addition:
http://joongangdaily.joins.com/article/view.asp?
Following the footsteps of Panasonic and Olympus, Korea’s Samsung Electronics unveiled its first hybrid camera, the NX10, at the International Consumer Electronics Show earlier this month. It plans to officially launch the product in Korea as early as
today.
Last edited by jeffkrol; 01-19-2010 at 04:02 PM.