RED teaming with Foxconn on smaller, cheaper 8K cameras

Foxconn plans to build smaller, cheaper 8K cameras in collaboration with cinema company RED, Nikkei reports. "We will make cameras that will shoot professional-quality films in 8K resolution but at only a third of current prices and a third of current camera sizes," CEO Terry Gou told reporters. RED currently has several 8K models, including the 3.35 pound, $30,000 Epic-W 8K (above). That means Foxconn could conceivably produce an 8K camera that costs around $10,000 and weights just over a pound -- less than many DSLRs.

The news is part of a broader Foxconn effort to branch out from smartphones, a market it says has become stagnant. Foxconn currently relies on Apple for around 50 percent of its sales, manufacturing iPhones, MacBooks and other products.The company recently purchased Sharp, and plans to drastically ramp up its production of displays, having recently announced a $10 billion investment in the US. ...