A report by website Mirrorless Rumors, citing ‘TRUSTED sources’, claims this is the reason behind rumours that Samsung is pulling out of the camera business.
Separately, Samsung is reported to be making a big announcement about its future plans at CES in January.
A Nikon spokesperson told Amateur Photographer (AP) that the company does not comment on rumours.
Samsung had yet to respond to a request for comment on the matter at the time of writing.
However, earlier today, when asked about reports of a major announcement at CES, a Samsung UK spokesperson said: ‘Samsung cannot comment on rumour or speculation’.
Last week, Samsung confirmed it will phase out sales of digital cameras and camcorders in the UK due to a fall in demand.