Is Samsung shutting down their camera business?

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A reader sent me a link to this article on a Korean website claiming that Samsung will shut down their camera business. The article quotes an "industry insider" as a source of the information and continues to say that since the NX500 announcement, Samsung have not announced anything new and have basically abandon all marketing activities. The camera devision reportedly lost money every single year since they started with the NX product line.

The Samsung NX1 and NX500 are currently $200 and $150 off.

Flashback from 2010:

In an interview with AP, Samsung's vice president of camera business Jeong Wook Kim said that Samsung is "determined" to be #1 in the mirrorless camera market by 2012 and be "the best selling camera brand" by 2015.

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