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Thursday, 29 November 2012 - Samsung takes aim at Japanese rivals with Android camera |
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      Edition: U.S. Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Home Business Business Home Economy Technology Media Small Business Legal Deals Earnings Social Pulse Business Video The Freeland File Aerospace & Defense Investing Simplified Markets Markets Home U.S. Markets European Markets Asian Markets Global Market Data Indices M&A Stocks Bonds Currencies Commodities Futures Funds peHUB Dividends World World Home U.S. Brazil China Euro Zone Japan Africa Mexico Russia India Insight World Video Reuters Investigates Decoder Politics Politics Home Supreme Court Politics Video Tech Technology Home MediaFile Science Tech Video Tech Tonic Social Pulse Opinion Opinion Home Chrystia Freeland John Lloyd Felix Salmon Jack Shafer David Rohde Nader Mousavizadeh Lucy P. 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See the best of Reuters photography.  See more | Photo caption  Life in Catalonia A look at life in Spain's Catalonia region.  Slideshow  "The Hobbit" premiere A look at the world premiere of "The Hobbit - An Unexpected Journey" in Wellington, New Zealand.   Slideshow  Sponsored Links Samsung takes aim at Japanese rivals with Android camera Tweet Share this Email Print Related News Samsung Galaxy products infringe Apple patent: Dutch court Wed, Nov 28 2012 Exclusive: Banks offer to help Sony offload battery unit - sources Wed, Nov 28 2012 Ericsson sues Samsung for patent infringement Tue, Nov 27 2012 Sony at greater risk than Panasonic in electronics downturn: Fitch Fri, Nov 23 2012 Facebook to share data with Instagram, loosen email rules Wed, Nov 21 2012 Analysis & Opinion The Facebook Doctrine Choreographing our China congress coverage Related Topics Tech » Media » A man takes a picture of a Samsung Galaxy Camera during press preview day before the official start of the IFA consumer electronics fair in Berlin, in this August 30, 2012 file picture. South Korean consumer electronics giant Samsung Electronics Co is taking aim at its Japanese rivals with an Android-powered digital camera that allows users to swiftly and wirelessly upload pictures to social networking sites. Credit: Reuters/Tobias Schwarz/File By Miyoung Kim SEOUL | Wed Nov 28, 2012 11:57pm EST SEOUL (Reuters) - South Korean consumer electronics giant Samsung Electronics Co is taking aim at its Japanese rivals with an Android-powered digital camera that allows users to swiftly and wirelessly upload pictures to social networking sites. The Galaxy camera lets users connect to a mobile network or Wi-Fi to share photographs and video without having to hook up the camera to a computer. While it's not the first to the market, Samsung's financial and marketing clout suggest it could be the biggest threat to Japanese domination of a digital camera industry which research firm Lucintel sees growing to $46 billion by 2017 and where big brands include Canon Inc, Sony Corp, Panasonic Corp, Nikon Corp and Olympus Corp. "Samsung has a tough row to hoe against the likes of Canon and Nikon in the camera brand equity landscape," said Liz Cutting, senior imaging analyst at research firm NPD Group. "Yet as a brand known more in the connected electronic device arena, Samsung has a unique opportunity to transfer strength from adjacent categories into the dedicated camera world." The Korean group, battling for mobile gadget supremacy against Apple Inc, is already a global market leader in televisions, smartphones and memory chips. Samsung last year brought its camera and digital imaging business - one of its smallest - under the supervision of JK Shin, who heads a mobile business that generated 70 percent of Samsung's $7.4 billion third-quarter profit. "Our camera business is quickly evolving ... and I think it will be able to set a new landmark for Samsung," Shin said on Thursday at a launch event in Seoul. "The product will open a new chapter in communications - visual communications," he said, noting good reviews for the Samsung Galaxy camera which went on sale in Europe and the United States earlier this month. AIMING AT 'PRO-SUMERS' The Galaxy camera, which sells in the United States for $499.99 through AT&T with various monthly data plans, features a 4.8-inch LCD touchscreen and a 21x optical zoom lens. Users can send photos instantly to other mobile devices via a 4G network, access the Internet, email and social network sites, edit photos and play games. The easy-to-use camera, and the quality of the pictures, is aimed at mid-market 'pro-sumers' - not quite professional photographers but those who don't mind paying a premium for user options not yet available on a smartphone - such as an optical, rather than digital, zoom, better flash, and image stabilization. The appeal of high picture quality cameras with wireless connection has grown as social media services such as Facebook Inc drive a boom in rapid shoot-and-share photos. "At a price point higher than some entry-level interchangeable-lens cameras, the Galaxy camera should appeal to a consumer willing to pay an initial and ongoing premium for 24/7 creative interactivity," said Cutting. Traditional digital camera makers are responding. Canon, considered a leader in profitability in corporate Japan with its aggressive cost cutting, saw its compact camera sales eroded in the most recent quarter by smartphones, and has just introduced its first mirrorless camera to tap into a growing market for small, interchangeable-lens cameras that rival Nikon entered last year. Nikon has also recently introduced an Android-embedded Wi-Fi only camera. ($1 = 1086.4000 Korean won) (This story fixes typing error in paragraph 9) (Additional reporting by Dhanya Skariachan in NEW YORK; Editing by Ian Geoghegan) Tech Media Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints   We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.   Edition: U.S. Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Connect with Reuters Twitter   Facebook   LinkedIn   RSS   Podcast   Newsletters   Mobile About Privacy Policy Terms of Use AdChoices Copyright Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us   Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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