In a Japanese interview with Yomiuri, Nikon’s president, Muneaki Tokunari, acknowledged that while smartphones harmed overall sales of digital interchangeable lens cameras, they may contribute to the demand for high-end cameras. Not many years removed from dire straits, Tokunari also outlined Nikon’s ambitious expansion plans, including its recent acquisition of RED Digital Cinema.
Source: Nikon President Says Smartphones May Drive Future Camera Sales | PetaPixel