Samsung Officially Exiting the UK Camera Market
Samsung’s rumored shuttering of its camera business looks like it’s continuing to play out. After pulling out of the camera market in Germany earlier this month, the company is now saying that it’s ditching the UK as well.
“We quickly adapt to market needs and demands,” Samsung told Amateur Photographer in a statement, after being asked about the rumors circulating. “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. This is a local decision, based on local market conditions.”
Samsung continues to say that these pullouts are “local” decisions, so there’s still a chance the company may try to continue its camera brand in countries where it’s still paying off (if any).
