Canon, Japan’s top camera maker, will stop developing new single-lens reflex film cameras as more people abandon film for digital, company officials said Thursday.

The Tokyo-based Canon’s move followed a similar move by its closest Japanese rival, Nikon, which announced earlier this year it would stop making seven of its nine film cameras and concentrate on digital models.

Canon will continue making film cameras already on the market as long as their demand remains. Whether to withdraw from the film camera business will be “decided appropriately by judging the market situation,” said Canon spokesman Hiroshi Yoshinaga.

[Source: Boston.com]