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

photoreddi wrote:

link gaetz wrote:

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.

You can find used cameras and lenses in excellent condition for very good prices. B&H had several NX30+18-55mm for $349, about 1/3 of the original price for just the NX30. I got one of them several days ago. What surprised me was the excellent image quality in the corners, much better than Nikon's latest, much improved collapseable 18-55mm VR2.

I returned to B&H the other day and discovered that their Samsung camera Kiosk had been vacated, its space given to some other camera brand. So it goes. But the NX30 should be doing very well for me over the next several years, with or without Samsung's help. B&H seems to have a bunch of these kits as I see that the price has now jumped up to $399.

Yeah, I just hope it is temporary. Hopefully Samsung comes bouncing back strong in a few years and have even more growth with new lenses 300mm, NX2 , NX600 etc. I can wait.