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13 February 2017
Nikon has announced the cancellation of its DL-series compact cameras. Announced a year ago, the series includes three never-produced models, named after the focal length of their zoom lenses: the DL24-85, DL18-50 and DL24-500.
A June 2016 release was delayed after the company discovered problems with the integrated circuit for image processing. Nikon cited subsequent development costs and lower expected sales "due to the slow-down of the market" as reasons for the cancellation.
The company apologized for the decision in a statement announcing its decision:
We sincerely apologize to all those affected by this decision, especially those customers who waited so long for the cameras to be released, retailers and others whose business will be affected, for the inconvenience this decision may cause.
For more information see the text of the statement below.
Cancellation Of Release of The DL Series of Premium Compact Cameras
TOKYO -- Nikon Corp. has announced that sales of the long-awaited DL series of premium compact camera, the DL18-50 f1.8-2.8, DL24-85 f1.8-2.8 and DL24-500 f2.8-5.6, will be canceled.
A June 2016 release was originally planned for the DL series. However, with the identification of issues with the integrated circuit for image processing, release of the three cameras was delayed indeterminately.
Since then, everyone involved has worked very hard to develop products with which our customers will be satisfied. 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.
We sincerely apologize to all those affected by this decision, especially those customers who waited so long for the cameras to be released, retailers and others whose business will be affected, for the inconvenience this decision may cause.