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Canon follows Nikon: Exits Film Camera Business

The Canon Camera Museum will be preparing itself for new residents.

After Nikon and Konica, Canon (the world's largest manufacturer of Digital Camers) has also decided to halt the development of traditional film cameras in favor of digital cameras. Canon will however continue to produce and sell existing film models based on the market demand.

Canon made the decision to freeze development of both compact and single lens reflex (SLR) film models because the markets for both are shrinking.

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Source: Canon to halt development of film cameras