Canon Launches PowerShot G16, S120, SX170 IS, Among Others

Canon’s got a handful of incremental updates to detail today, including a selection of Power-shot point-and-shoots. The cost of the PowerShot G16 was recorded highest among them i.e. $550. This product, which is going to launch in October has replaced last year’s G15 and includes a 12.1-megapixel CMOS sensor, DIGIC 6 processor, 5x 28-140mm f/1.8-2.8 optical zoom lens and 1080/60p …

Canon Is Facing Market Crisis

With the rise in good clarity of camera in smartphones, demand of Canon’s camera is dramatically falling down. The biggest camera makers of the world do not have a good picture in the market place right now. Toshizo Tanaka, Vice President of Canon, said that the sales of the camera have been reducing and the profit has been cut down. …