Samsung Electronics has denied rumors that it will withdraw from the digital imaging business and sell its imaging sensor technologies to Nikon.
Speculation started as Samsung stopped rolling out new digital camera products in February. The speculation was also fueled by the fact that Nikon has been struggling to compete with Sony in the mirrorless camera market.
Market expectations have also been that selling the imaging sensors would be much more profitable for the company than selling cameras.
"It is true that we have not rolled out any new products since February," said a Samsung Electronics spokesman, "but we do not have any official plans to withdraw from the camera business. We still have employees working in the division."