Samsung quits UK camera market – official statement confirms the rumors

The rumors started in mid-September when Korean website NewsTomato reported that Samsung planned to close its camera division. This was followed by a rebuttal from Samsung amidst fresh rumors from other territories.

We've held back from reporting on this story until we've been able to get official word from Samsung UK, but now it's arrived: "In the UK, we have seen a gradual and sustained decline in demand for standalone digital cameras and camcorders and related accessories. For this reason, we have taken the decision to phase out the sales and marketing of these products."

Read Full Story >>
The story is too old to be commented.