Nikon cancels DL compact series citing high development costs

Nikon has officially put an end to the DL series. Announced just under a year ago, the three DL compacts would have had 1" sensors. Nikon missed its June target ship date, citing problems related to the image processor. Now, Nikon says that the development costs had become too great to continue. A statement released today also mentions the company's concern that it wouldn't sell enough units to make up for the increased costs, due to a slow down in the market. That wasn't the only piece of bad n...