Nikon admits defeat in high-end compact cameras: Cancels its DL series

Nikon admits defeat in high-end compact cameras: Cancels its DL series

DL18-50 f/1.8-2.8It’s no secret that the market for compact cameras has been imploding. Their market share has been taken over almost entirely by smartphones. The shining light among them, however, has been the very high-end of the market – typified by cameras like the , and the . Nikon was poised to cash in on those buyers with its DL series of premium point-and-shoots. However, after a series of delays, and apparently increased costs, Nikon has decided to cut its losses and