Samsung shuns point-and-shoot cameras, switches factory to pricier mirrorless types

Samsung's main camera plant in China is being converted to produce high-end mirrorless cameras instead of cheaper compacts. That's a steel-and-concrete sign that the manufacturer is trying to boost digital imaging profits by focusing on cameras with higher margins, and it implies a level adaptability that other companies can only dream of. To drive the point home, Samsung's "low-end compact camera offerings will g A wise move. Well, Sammy's latest NX range of interchangeable-lens (ILC) mirrorless models start at around $700, which is at least twice the going rate for a decent point-and-shoot.

Engadget, Samsung shuns point-and-shoot cameras, switches factory to pricier mirrorless types