Samsung to stop producing cameras and lenses?

7D MKII is on sale at $1,300 ($500 off)
70D is $900 ($300 off)
SL1 is $350 ($200 off)

Canon deals expire 11/25.

It's Christmas shopping season and all but others will have to compete with Canon's deals too.

Nikon has a bunch of offers.

D750 - $1900 ($400 off)
D810 - $2,800 ($500 off)
D750 w/24-120 F4 is $2,400 ($1,000 off)
D810 w/24-120 F4 is $3,300 ($1,100 off)
D610 - $1,500 ($500 off)
D3300 w/ 18-55 kit - $450 ($200 off)

Sony
A6000 - $400

Their higher end is steady.

And now back to Samsung -

NX1- is $1,100 body only but with the 16/50 mm F2/2.8 lens is $2,200 (officially $600 off)

NX500 (all colors) w/16-50mm F3.5/5.6 is $500, which shares my "Deal of the Week" (the inaugural edition) Prize with G7.
 
And now, they're out of the UK. Happy Holidays, ho-ho-ho.

“We quickly adapt to market needs and demands. In the UK, we have seen a gradual and sustained decline in demand for standalone digital cameras and camcorders and related accessories. For this reason, we have taken the decision to phase out the sales and marketing of these products. This is a local decision, based on local market conditions.”
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http://www.photographyblog.com/news/samsung_end_camera_sales_in_uk/
 
They barely arrived in UK to begin with! ... Just specialist shops and online retailers... Took me a week to track one down.
 
What a letdown�� Samsung was doing imo the most interesting stuff in photography/video along with Sony
 
Bill O'Neill, the founder of the Investor Business daily and an author of books on money and finance published his top principles for investing. Well, I forgot most of them but the top reason, IIRC, was to invest in growing companies with growing share of a growing market. Well, what is Samsung in the photo industry? A small and rapidly falling share of a rapidly falling market.

IMO, a niche, open lens mount company may survive by making products with an MFT, EF or PL cameras but, for Samsung, this just wasn't worth the overhead. BMD and Red will try to ride this out a little longer but the prices and values are getting so compacted, IMO, neither of them is likely to continue manufacturing cameras for too long. At some point, there will be Sony, Canon and Nikon left standing and that will be more than enough.
 
"A small and rapidly falling share of a rapidly falling market."

Yeah..well..I really don't like to be referred to that way ;)
 
The Mirrorless Rumors are rumoring about some sort of a major Samsung announcement at the CES. "There's something happening here but what it is ain't exactly clear". Posters over there are speculating wildly already.
 
DLD said:
Bill O'Neill, the founder of the Investor Business daily and an author of books on money and finance published his top principles for investing. Well, I forgot most of them but the top reason, IIRC, was to invest in growing companies with growing share of a growing market. Well, what is Samsung in the photo industry? A small and rapidly falling share of a rapidly falling market.

IMO, a niche, open lens mount company may survive by making products with an MFT, EF or PL cameras but, for Samsung, this just wasn't worth the overhead. BMD and Red will try to ride this out a little longer but the prices and values are getting so compacted, IMO, neither of them is likely to continue manufacturing cameras for too long. At some point, there will be Sony, Canon and Nikon left standing and that will be more than enough.
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And Arri. Arri will always be standing.
 
Giriki said:
And Arri. Arri will always be standing.
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They'll have to come out with an Alexa quality 4K camera soon though.

Oh and the Mirrorless Camera site operator is certain that the Samsung is finished in the camera biz but - off other sites - many are speculating that it will now provide sensors for other (aka remaining) camera manufacturers not named Sony. Nikon with its D5 non-announcement announcement seems a likely candidate, as it used to buy its sensors from Sony and Toshiba. (Toshiba sold its sensor business to Sony just a month or so ago)

If the speculations are true, the key here is that Sony demanded concessions from Nikon for D800/810 line, with the biggest one being no 4K on any Nikon cameras. In the Samsung-Nikon connection, no such stipulation would be required and Nikon could, in theory, release a bunch of 4K (and beyond) enabled photo-video hybrids from now on. They could conceivably even begin making camcorders and pro cameras too.
 
Interesting speculation.

Shortly after Canon's Hollywood facility opened I met with a few of the DPs involved in the development of the original C300. A senior Canon representative candidly stated that it was the runaway success of the 5D2 with filmmakers that paid for the facility, & that Canon was moving into the Cine market due to Cell Phone cameras killing off the profit leading Point 'n Shoot market.

Made me wonder if Nikon would follow, & if so, where they'd source sensors?
 
Bern Caughey said:
Interesting speculation ...


Made me wonder if Nikon would follow, & if so, where they'd source sensors?
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There are a lot of various sensor manufacturers. The problem for the camera makers not named Sony is that many of those sensor designs are not maximized for the APS-C and FF stills/video market but rather the smartphone, military, surveillance, automotive, medical, etc. But, as far as Samsung goes, not only can it make sensors, it can also offer processors (14 nM finFET) and storage (SSD, 3D NAND, DRAM) that companies like Nikon and Canon would have to buy from the outside vendors anyway.
 
DLD said:
In the Samsung-Nikon connection, no such stipulation would be required and Nikon could, in theory, release a bunch of 4K (and beyond) enabled photo-video hybrids from now on. They could conceivably even begin making camcorders and pro cameras too.
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Interesting. That would be something I would like to see. I've always liked Nikon cameras, I still own my old FE and have been considering picking up an F100. But it's hard to invest in Nikon glass as someone who shoots both stills and video in almost equal parts. Although you can adapt Nikon lenses to video cameras, I just can't get myself past that mental barrier that Nikon doesn't offer any pro video cameras I could natively use their lenses on. Whereas investing in Canon lenses means I can use them on DSLRs and C series cameras with AF and even some BM cameras not to mention RED, though I have not shot RED.
 
I can't get used to the "backwards" direction of Nikon's lenses. If they want to move to pro video they better find a way to turn the "right" way or pro video people will not want to use them.

Samsung showed they could woop everybody on the sensor front with the NX1. The quote about "our engineers reached 240fps in their testing" comes to mind. Makes the impression that the NX1 was just a showpiece in order to land a whale like Nikon for the chip development business. Hence why they don't really mind exiting the markets with a technologically successful product. Might make sense in hindsight.
 
Bassman2003 said:
Samsung showed they could woop everybody on the sensor front with the NX1. The quote about "our engineers reached 240fps in their testing" comes to mind. Makes the impression that the NX1 was just a showpiece in order to land a whale like Nikon for the chip development business. Hence why they don't really mind exiting the markets with a technologically successful product. Might make sense in hindsight.
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Interesting theory.

This news site claims Samsung is going to introduce a flagship camera at CES.

http://www.edaily.co.kr/news/NewsRead.edy?SCD=JE41&newsid=04487046609594256&DCD=A00504&OutLnkChk=Y

Perhaps after seeing Sony's success with FE cams, Samsung has decided to boot the APS-c NX and go FF?
 
Bassman2003 said:
I can't get used to the "backwards" direction of Nikon's lenses. If they want to move to pro video they better find a way to turn the "right" way or pro video people will not want to use them.
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Well since their market is primarily stills, that isn't going to happen.
 
Chris Joy said:
Interesting theory.

This news site claims Samsung is going to introduce a flagship camera at CES.

http://www.edaily.co.kr/news/NewsRead.edy?SCD=JE41&newsid=04487046609594256&DCD=A00504&OutLnkChk=Y

Perhaps after seeing Sony's success with FE cams, Samsung has decided to boot the APS-c NX and go FF?
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The Mirrorless Rumor fella says, "No NX2". More to be unveiled tomorrow.

BTW, Samsung has more than enough funds to just acquire Nikon but it'd be contrary to the "growing company in a growing market" investing concept.

Stay tuned.
 
http://www.mirrorlessrumors.com/hot-rumor-nikon-bought-samsung-nx-mirrorless-tech/

The following rumor comes from TRUSTED sources! It’s a news coming exclusive on Nikon-Mirrorless.com (forum) and Mirrorlessrumors.com (blog) first and to get more of those please subscribe our RSS feed, Facebook page and Twitter stream. If you copy that news please credit us..thanks :)

Nikon acquires Samsung NX tech!
The past weeks we had long chats with our Samsung sources about the recent shut down rumors. And they told us the reason why Samsung is stopping the camera sales: Nikon acquired all the Samsung NX tech! That acquisition could (I said could!) be made public in January at the CES. As we have been told Samsung will have a major press announcement there.


What Nikon plans to do:
Nikon will use Samsung NX resources to launch their professional mirrorless system. It is yet unclear if Nikon will keep the NX mount or use an own new mount. That info is not accessible to our Samsung sources (it’s a decision that will be taken by Nikon). The “resources” we are talking about also include Samsung sensor tech, video tech and processor engine. Pro and Cons of the partnership can be read and discussed here on Nikon-mirrorless forum.


Nikon, Sony and sensors:
Samsung sources clearly told us it was Nikon priority to create a serious competition to Sony. And to do that they decided to buy the current Samsung NX expertise and enter a new sensor partnership. Samsung sensors are known to be as good if not better than Sony sensors. See the NX500 vs A6000 sensor score comparison at DxOmark (discuss at NikonMirrorless.com). If that sensor tech will be used on the new mirrorless system only or also on DSLR cameras is yet unclear.


Summary: This is what happens:
1) Samsung stops NX sales
2) Nikon buys the current Samsung developed NX tech
3) Nikon will also enter a strong partnership with Samsung. Samsung will keep developing and selling sensors to Nikon.
4) Nikon will launch a new professional mirrorless system based on Samsungs acquired technology.


More details will be posted and discusses on a new Nikon mirrorless forum we just launched: nikon-mirrorless.com. Please subscribe there to get detailed news in advance. Also let us know in that Nikon Mirrorless Thread what you hope to see from Nikon. And vote if Nikon should keep the NX mount or not.


Stay tuned!
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