NEWS. Panasonic Ends Production of New Entry-Level Cameras

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John McCormack
John McCormack Veteran Member • Posts: 6,923
NEWS. Panasonic Ends Production of New Entry-Level Cameras
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Well, I guess we'll never see a new FZ model.

https://asia.nikkei.com/Business/Business-trends/Panasonic-Nikon-quit-developing-low-end-compact-digital-cameras

The prestigious website Nikkei reports:

"TOKYO -- Japanese camera manufacturers are bidding farewell to a once-major component of their operations, with Panasonic Holdings and Nikon suspending development of entry-level point-and-shoot cameras under their flagship brands.

The companies will instead focus resources on pricier mirrorless models going forward, aiming to navigate a market upended by smartphones.

Panasonic will continue production of current offerings. But its focus going forward will be on developing high-end mirrorless cameras for photography enthusiasts and professionals. The Japanese company looks to release a mirrorless model it is jointly developing with Germany's Leica Camera, with which it formed a tie-up in May."

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