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Close-up image of a person taking a photo with a Nikon DSLR camera on the right side. A hand is holding a smartphone with its camera app open on the left side, showing the same scene. The background is an outdoor, slightly misty setting.

Nikon President Says Smartphones May Drive Future Camera Sales

In a Japanese interview with Yomiuri, Nikon's president, Muneaki Tokunari, acknowledged that while smartphones harmed overall sales of digital interchangeable lens cameras, they may contribute to the demand for high-end cameras. Not many years removed from dire straits, Tokunari also outlined Nikon's ambitious expansion plans, including its recent acquisition of RED Digital Cinema.