Samsung will slowly abandon compact camera development in favour of mirrorless!

The Wall Street Journal (via Engadget) reports: “Myoung Sup Han, Senior Vice President and Head of the Digital Imaging Business at Samsung Electronics, and uncovered an interesting fact: the company is in the process of converting production lines at its main camera plant in China. Lines that once produced fixed-lens cameras will instead turn out compact system cameras, as the company aims to expand its presence in the more profitable mirrorless market.“

I guess this is a good move from Samsung because the smartphone market is eating up the compact camera sales. I hope Samsung can release some great stuff at Photokina. Unlike Canon/Sony/Nikon they have nothing to loose by releasing super featured cameras for a decent price!