With smartphones eating into compact camera sales, Samsung will instead focus its efforts on its NX range of ILCs.
The rise of cellphone cameras has had people talking about the future of low-end compacts for quite a while now and Samsung has made it known that they're going to be refocusing more of their efforts on their NX line of ILCs. The Wall Street Journal talked to Han Myoung-sup, head of Samsung's digital imaging division, who told them "our low-end compact camera offerings will gradually be reduced, as we are now concentrating on the mirrorless segment." The company's main plant in China will be converted from manufacturing compact cameras to ILCs by the end of the year, marking the shift in production.
In the midst of the massive changes the international camera market is currently experiencing, Samsung sits in an enviable position. As producers of compact cameras, ILCs, and smartphones alike, as one section gains marketshare over the others, the company as a whole is still able to profit. As arguably the top of the Android smartphone manufacturers, Samsung's gain in smartphones might outweigh its losses in compacts. The only other manufacturer to cover all the bases like this is Sony.