Nikon blames smartphones for low camera demand, will close factory

By Brittany A. Roston

It’s no secret that most people prefer using their smartphone’s camera rather than a dedicated digital camera. That reality has put a big dent in the compact point-and-shoot camera market, so much so that many major camera companies have had to make big changes in the past few years to stay afloat. Nikon is no exception, as the company will … …read more

Read more here:: slashgear

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