Nikon squashes DL camera series as companywide restructuring continues

nikon cancels dl 25 500
Nikon’s latest line of advanced compact cameras now won’t ever enter reality. Today, Nikon announced that the DL series, including the DL 18-50, DL 24-85, and DL 24-500, has been canceled. At the same time, the company posted a “notice of extraordinary loss” and revision to its financial forecast.

The three DL cameras were originally expected out in June of last year. But according to the company, an error in the integrated circuit that processes the images initially delayed the release. Now, with development costs increasing and the company working to restructure amid financial struggles, the cameras will not be released.

Nikon also cited a slowdown in the market as another reason why the DL cameras won’t ever come to life. The latest Camera and Imaging Products Association report estimates that, for cameras with fixed lenses, sales will drop by about two million cameras this year.

The DL series was expected to use the same one-inch sensor, but paired with a range of different lenses for three different compact cameras. The series would have been the only fixed lens cameras with advanced features on the market from Nikon, as a small number of older compacts with advanced features haven’t been replaced.

This morning, the company also announced that the restructuring, which began back in November, was also proving to be significantly more expensive than first anticipated. The plan has the company focusing on its high-end cameras in an effort to stay competitive — at the time, Nikon had said it decided to make those changes while still in a financially strong position. A reduction in inventory is the largest reason behind the underestimation of those initial costs, to the tune of 5 billion yen or about $44 million.

As the next step in the company’s restructuring plan, Nikon also shared that 1,143 employees had applied to participate in the company’s early retirement plan, announced in December as part of the restructure. The response to the retirement incentive also created some higher-than-expected expenses.

Product Review

Simple and reliable, Apple's AirPods are among the best fully wireless earbuds

Apple’s AirPods wireless headphones have dominated the market essentially since they hit stores in December 2016. Though not without some faults, they cracked the connectivity code to rank among the best fully wireless earbuds you can…

Worried about your online privacy? We tested the best VPN services

Browsing the web can be less secure than most users would hope. If that concerns you, a virtual private network — aka a VPN — is a decent solution. Check out a few of the best VPN services on the market.

The Samsung Galaxy S10 5G might be a few short weeks away from launch

Samsung has announced a whopping four new Galaxy S10 devices, from the low-cost S10e to the triple-camera S10 and S10 Plus. But it's the Galaxy S10 5G that steals the show as it's among the first 5G-ready smartphones to hit the market.

The best Apple AirPods alternatives for Android, Windows, and iOS devices

Apple AirPods might be new and improved, but they aren't the only game in town. Other makers are offering their own truly wireless earbuds, with attractive features. These are the best AirPod alternatives on the market today.

Loupedeck Plus can now edit video, audio with Final Cut Pro

The list of Loupedeck Plus-compatible software is growing. The photo-editing console now works with Final Cut Pro and Adobe Audition for video and audio editing. The controls can be configured to be used on either platform.

Photography News: Taking a smartphone photo probably saved this guy’s life

A man was snapping a photo in Australia when the smartphone stopped an arrow shot at his face. In this week's photography news, see Canon's plans for a stabilized mirrorless, Hasselblad's newest accessories, Samyang's latest lens, and more.

Nvidia’s A.I. Playground lets you edit photos, experience deep learning research

Nvidia is making it easier to access information on deep learning research. It has launched an online space with three demos for image editing, styling, as well as photorealistic image synthesis. 

The best budget-friendly GoPro alternatives that won’t leave you broke

Cold weather is here, and a good action camera is the perfect way to record all your adventures. You don't need to shell out the big bucks for a GoPro: Check out these great GoPro alternatives, including some 4K cameras, that won’t leave…

Paper designs digitize in real time using an Illustrator-connected paper tablet

Love graphic design, but prefer the feel of real paper? The new Moleskine Paper Tablet - Creative Cloud Connected syncs with Adobe Illustrator in real time, turning paper sketches into digital drawings.

Insta-checkout? New Instagram service lets you shop without leaving the platform

Shopping on Instagram no longer means leaving the platform to checkout in a web browser. Instagram checkout launched in beta today with a handful of retailers, allowing users to checkout without leaving the app.

Make the most of your toner with our five favorite color laser printers

Color laser printers have improved dramatically over the years, and today's models offer both blazing print speeds and great image quality. Here are our favorite color laser printers, from massive all-in-ones to smaller budget options.

Sony’s latest sensor is stacked, backlit, and equipped with a global shutter

Say this five times fast: Backlit, stacked, global shutter sensor. Sony managed to cram all three technologies into one sensor. The result is a high-speed sensor with a higher resolution without sacrificing low-light quality.

You can now use the innovative Red Hydrogen One on Google Fi

The Red Hydrogen One was first announced in 2017 and has been delayed a few times since then. Now, the Red Hydrogen One is finally available, featuring a Qualcomm Snapdragon 835, 6GB of RAM, and 128GB of storage.

Looking to keep prying eyes at bay? Here's how to hide photos on your iPhone

People take tons of photos using their smartphones, but not all are meant to be shared or seen. Luckily, hiding photos on your iOS device is easy, whether you want to use built-in utilities or apps with added security.