The advent of smartphone photography has been tough to chew for camera manufacturers, including Samsung.
Samsung has announced the discontinuation of its operations in the UK camera market.
The South Korean technology giant is now set to abandon sales of digital cameras, camcorders, and camera accessories in Britain.
The company has released the following statement on the matter:
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The statement continues: “For this reason, we have taken the decision to phase out the sales and marketing of these products.”
While there’s no evidence Samsung plans to shutter camera operations in other regions, some rumours suggest the business may be closed down in Australia and select European locations.
Related: Best Cameras 2015
Rumours regarding the closure of Samsung’s camera business began circulating in mid-September this year.
Speaking at the time however, Samsung snubbed out the rumours, dismissing the suggestion that it planned to abandon operations.
Tell us what you think of Samsung’s decision in the comments below.
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Editorial independence
Editorial independence means being able to give an unbiased verdict about a product or company, with the avoidance of conflicts of interest. To ensure this is possible, every member of the editorial staff follows a clear code of conduct.
Professional conduct
We also expect our journalists to follow clear ethical standards in their work. Our staff members must strive for honesty and accuracy in everything they do. We follow the IPSO Editors’ code of practice to underpin these standards.
