Japan's Nikon shutters China plant, lays off 2,285 employees, Blames Rise of Smartphones
Press Release: http://www.nikon.com/news/2017/1030_01_e.pdf
Joined Mar 2009
Some LG phones have adjustablle f stop ISO. Some are working on optical zoom. Look out DSLR makers.
Joined Nov 2009
That plant produced the compact cameras for Nikon... it is well known that the compact consumer cameras market has been dying due to smartphone usage for years. Honestly, I don't know why the compact divisions haven't been either shuttered, sold off, or reformed into prosumer divisions earlier.
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