Reuters reports that Canon is building a new factory to double its production of CMOS sensors. But the big news is that “the CMOS chips will be used in both single lens reflex (SLR) models as well as in some compact models.”
This means that Canon might be getting ready to produce compacts with slightly larger sensors than their siblings. These larger sensors will help them pack more megapixels into compact cameras while avoiding some of the problems plaguing small sensors. In other words, we could be seeing compacts with better low-light performance, better dynamic range, less noise, and basically, better images.