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Panasonic will reduce compact cameras models number
  • Vitaliy_KiselevVitaliy_Kiselev

    Panasonic will roll out about five new compact digital cameras next year, half this year's number, in a bid to return a segment besieged by smartphone cameras to profitability by fiscal 2014.

    The 2014 crop of new arrivals will center on pricey offerings that cost 30,000 yen ($296) or more, set apart by such features as high-magnification zoom.

    The company will focus on mirrorless single-lens models.

    Panasonic anticipates a second consecutive year of losses for its digital camera business in fiscal 2013.

    http://asia.nikkei.com/Business/Companies/Panasonic-to-halve-digital-camera-releases-in-2014

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