Nikon may soon stop producing DSLR cameras: Report

The popular camera brand Nikon will no longer produce new single-lens reflex cameras, according to a recent report by Nikkei.

Nikkei reports that Nikon will keep making and selling its current SLR models while concentrating all of its efforts on developing new mirrorless models. According to Nikkei, professional cameramen have been using Nikon's SLR cameras for more than 60 years and have come to associate the Japanese company with them.

Nikon did not confirm or deny the report in a press release, but stated that it was "speculation" and that "Nikon has not made any announcements in this regard." The company also noted that "Nikon is continuing the production, sales, and service of digital SLR."

Read more

DSLR and mirrorless cameras under Tk 1 lac: Our top picks

The D3500 and D5600, two of Nikon's more affordable DSLRs, were discontinued last month. Nikon stated that this move was made in order to "concentrate more on mid to high-end cameras and lenses, targeted at professional and hobbyist photographers," while strengthening products for younger users "for whom video is the primary focus."

Nikkei reports that Nikon sold over 400,000 SLR cameras last year.

Along with the development of mirrorless technology, SLR cameras have also been outperformed by smartphone innovation, which has reduced the size of the camera market over the years.