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Samsung source admits they “recently stopped producing and selling digital cameras”

Anonymous Samsung sources from The Investor confirmed that they stopped producing and selling digital cameras. The source said that smartphone cameras killed their business. At the same time Samsung is seeking for new opportunities: “We will create a new camera product category to continue the business.” The new category may include cameras for smartphones and other mobile devices and the Gear 360 camera that captures high-resolution images and videos in 360-degrees.

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