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Samsung to discontinue its camera sector and focus on appliances and smartphones

Started Feb 4, 2016 | Discussions thread
link gaetz Forum Member • Posts: 98
Re: Samsung to discontinue its camera sector and focus on appliances and smartphones
3

The reason they are quitting is because they weren't making much money (if any - rumours say the camera division was basically worth nothing). NX products are slowly disappearing from stores and there's no sign that any cameras or lenses are still being produced.

The reason they haven't announced anything is that they're hoping to sell off the remaining stock slowly at retail prices, rather than having to dump it all at heavy discounts in a firesale. I don't see any reason to believe that there's more to the story than that. Yes, there have been discounts here and there, but certainly not very substantial ones with much stock.

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