Samsung Digital Imaging to merge with Electronics

Samsung Electronics has confirmed its planned merger with Samsung Digital Imaging, which will bring the Korean conglomerate's camera division under the same roof as its other consumer electronics businesses such as mobile phones and printers. From April 1, 2010, the camera business will become part of Samsung Electronics with an objective 'to increase management efficiency of the digital camera business and to maximize synergy between businesses'. A year ago the imaging division spun-out from the company's affiliated machinery division, Samsung Techwin, to form an independent camera and optical devices company. Since then it's released a series of ambitious new products, including the mirrorless interchangeable-lens NX system and the enthusiast-orientated TL500/EX1 recently unveiled at PMA.

Click here to read the merger announcement