South Korea may be the canary in the coal mine for traditional digicam makers Canon and Nikon.
The two Japanese camera giants face a tough market this year as smartphones become the de facto camera for many consumers, the Korea Times said Thursday.
South Korea has one of the world's highest penetration rates for smartphones -- which pack increasingly sophisticated cameras.
The Korea Times echoed news out of Japan last month that said consumers value the social networking aspect of smartphone cameras, which allow sharing of images immediately.
Market researcher IDC expects the "camera market to go into … Read more