Kisaha
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Senior Member
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Posts: 2,300
Re: The Samsung scenario - ponderings and/or recommendations
I just don't see nihilism as a productive conversation attitude!
Of course the decline in sales, and especially the failure of Samsung to increase their percentage in it, played a big part in their decision.
The people that took this decision, don't understand the camera business, which is very different than selling a phone (in my opinion, that market is completely stupid as well, as companies like Samsung and Apple want people to spend almost 1000$ every year. Until recently I had a better phone than the iPhone that I bought for 300$ 2 years ago), but the point, which referred to your mindset, is that there is decline in almost every industry right now, because of financial and socio-political events around us, but it doesn't mean that the world has to stop. The camera phone is the most obvious change in camera industry, but affects the low to mid segment of the industry, as the hobbyists or the pros, they will always have a need for standalone cameras.
Actually what happens is a normalization of the markets, as in the "Golden Ages" (90s to 00s) everyone was buying a dSLR, using it always on AUTO, the Samsung people should have seen through this, capitalism wants to look stupid, all in when everything is good, but never have a plan B in case something goes wrong.
What we will see is a decline in technological innovation as well (things will slow down), so there will be more profit, for less tech, and that was Samsung greatest feat, giving a lot of technology and innovation in very small prices ( I mean, just check the NX500).
I'm not sure what mindset you are referring to, or even whether you are responding to me. But anyway my original point was basically that the digital interchangeable lens camera landscape is now very different to what it was when Samsung entered it. Presumably they thought they could make a go of it but perhaps, even with their smart phone business expertise, failed to foresee the effect of that on the camera market and the downturn in the camera business.
The main purpose of most businesses is to make profit. If Samsung feel they can't do that in the camera business who are we to argue that they should remain in this business. The numbers either make sense to them, or they don't
I too would like to see brands stay in the camera business. And I suspect if you were to ask executives from Canon and Nikon they would say the same thing for the simple reason that more activity from many directions makes the whole business more healthy. And better for everybody.