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Samsung: “we do not have any official plans to withdraw from the camera business”

Samsung reports at Korea Times that:

“We do not have any official plans to withdraw from the camera business. We still have employees working in the division.”

And an interetsing addition regarding the Nikon partnership rumor:

“Should Nikon seek Samsung’s camera business, it could be for diversification of its product portfolio.”

Interesting… 🙂

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8 Responses

  1. Sounds like Nikon and Samsung are finalising a partnership deal to let Nikon diversify into a serious mirrorless systems using Samsung’s help.

  2. Samsung wont reveal their official or unofficial strategy so we have to look at where they sell, where the employees are working- can we tell if engineering teams are re assigned?- and what their suppliers are telling the market.

    On the APSC front its too bad as the NX 1 looks like the best offering out there of all around use.

    I am struck about my nikon stickyness mainly due to great older glass – 80-200 f2.8, 35-70 f2.8, Sigma 17-50 and pocketwizzards with flash! Even with the mostly great NX 1 and a good lens lineup i wouldnt make the jump cause what i got works!

  3. Yeah, well, I could’ve told you that. That’s pretty obvious.

    They can’t make official statements about what’s going on, but there’s bound to be discussions going on between the two. Just not finalized yet. And very hush hush and need to know business. Statements could’ve a great effect on employment, stocks and everythng too, so they can’t just go and say what’s what. But we can all read the hints… and where there’s smoke, there’s usually fire too…

  4. So they don’t deny unofficial plans, nor plans to significantly cut back their camera offerings. Total weasel words. If nothing was changing they’d have said something like:

    “We remain committed to growing our share of the camera market through existing and new products.”

  5. Samsung: “We do not have any official plans to withdraw from the camera business.”

    Yeah, that is until they officially announce it after shutting down camera sales in many countries. :/

  6. Been eyeing NX1’s for months now. I checked my eBay watchlist this AM and (to my dismay) saw that the price of the NX1 (body and kits) just shot up by $300-400 at Adorama and B&H (and on the former’s eBay listings). Maybe still life in Seoul?

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