Samsung hoping to quadruple camera sales

Samsung NX200
Samsung is hoping to boost its mirrorless camera sales in 2012

Korean electronics giant Samsung is hoping to more than quadruple its sales of mirrorless interchangeable lens cameras this year, in a bid to compete with bigger Japanese rivals.

More and more Japanese manufacturers have introduced compact system cameras in the past few years, including Sony, Olympus, Pentax and most recently Fujifilm with its X Pro 1.

So far, these have had mixed successes, but it is clear that it's a sector of the market that is growing all the time, and it looks likely that 2012 will see even more of these cameras released on to the market.

Samsung was the third company to enter the fray, back in the beginning of 2010 with the NX10, which was the first camera of its kind to use a large APS-C sized sensor.

The company has been showcasing its latest imaging products at CES in Las Vegas, during which it told Reuters that it was hoping to boost its mirrorless sales this year, up from 120,000 to a massive 500,000. It's also hoping to grow the accessories market, which includes lenses.

Earlier in the week, Samsung told TechRadar it was considering producing a more advanced mirrorless model in order to appeal to professional photographers.

Competition

At present, the camera sector of Samsung is one of its smallest operations, but the firm aims to swell the division to be in line with its more successful television and smartphone units. Although the company faces tough competition from the Japanese giants, it does have the advantage of a deep electronics technology pool that it can draw from, meaning it can offer greater compatibility between different types of device.

Compact system cameras are mainly popular in Japan, accounting for almost a third of interchangeable lens models sold in the country in 2010. They have been slower to take off in Europe and the US however.

Currently, Samsung owns 2% of the global interchangeable lens market, which is dominated by Canon, Nikon and Sony.

via Reuters

TOPICS
Amy Davies

Amy has been writing about cameras, photography and associated tech since 2009. Amy was once part of the photography testing team for Future Publishing working across TechRadar, Digital Camera, PhotoPlus, N Photo and Photography Week. For her photography, she has won awards and has been exhibited. She often partakes in unusual projects - including one intense year where she used a different camera every single day. Amy is currently the Features Editor at Amateur Photographer magazine, and in her increasingly little spare time works across a number of high-profile publications including Wired, Stuff, Digital Camera World, Expert Reviews, and just a little off-tangent, PetsRadar. 

Latest in Mirrorless Cameras
Nikon Z5
The Nikon Z5 II could land soon – here's what to expect from Nikon's rumored entry-level full-frame camera
L-mount alliance
Sirui joins L-Mount Alliance to deliver its superb budget lenses for Leica, DJI, Sigma and Panasonic cameras
Nikon Z8 camera in the hand with 4-axis screen pulled out
We think the Nikon Z8 is the best hybrid camera for pros and it just hit a record-low price
A Sony camera's sensor, low key lighting, dark background
Sony teases new full-frame camera unveil next week – here’s what it could be
Canon EOS R5 Mark II on yellow background with lowest price text overlay
The Canon EOS R5 Mark II is our camera of the year and it just got its first-ever price cut
Leica SL3-S
I tested the pricey full-frame Leica SL3-S, and I've never seen 24MP images look so good
Latest in News
Netflix Ads
Netflix adds HDR10+ support – great news for Samsung TV owners, but don't expect LG and Sony to do the same any time soon
FiiO FX17 IEMs
Our favorite budget audiophile brand unveils wired earbuds with 26(!) drivers, electrostatic units, USB-C ultra-Hi-Res Audio, and a not-so-budget price
Nvidia RTX 5080 against a yellow TechRadar background
RTX 5080 24GB version teased by MSI - is it time to admit that 16GB isn't enough for 4K?
A close up of the PlayStation symbol at the top of a PS5 Slim console with a white brick background
Sony has dropped a new PS5 update, improving activities and adding more emoji support
girl using laptop hoping for good luck with her fingers crossed
Windows 11 24H2 seems to be a massive fail – so Microsoft apparently working on 25H2 fills me with hope... and fear
Code Skull
Interpol operation arrests 300 suspects linked to African cybercrime rings