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Nikon Cancels The DL Series Amidst 'Extraordinary Loss' And Restructuring by DL Cade
PetaPixel.com, Nikon, Nikon Rumors.com News  ISBN/ITEM#: CM170219DLSERIE
Date: 19 February 2017

Links: PetaPixel.com Article #1 / PetaPixel.com Article #2 / Nikon Press Release / Nikon Rumors.com Article /

Nikon's much delayed DL Series cameras, their planned direct competition to Sony's RX100 compacts and RX10 superzoom camera, planned for release in the early summer of 2016, has been canceled due to major technical issues that would have been too expensive to resolve.

From release/information:

You could say the DL series—consisting of two RX100-like carry-around compacts and an RX10-like superzoom— was doomed from the start. The cameras were supposed to debut in June of 2016, but issues with the image processing circuit precipitated a series of delays and additional costs that Nikon has finally decided are too much to bear.

"Everyone involved has worked very hard to develop products with which our customers will be satisfied", writes Nikon. "However, it has been decided that sales of the DL series will be canceled due to concerns regarding their profitability considering the increase in development costs, and the drop in the number of expected sales due to the slow-down of the market."

(Source: PetaPixel.com, Nikon, Nikon Rumors.com)

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