Nikon canceled all three of their DL cameras because of “profitability concerns“.
The trio consists of DL18-50, DL24-85, and DL24-500 cameras with 1-inch-format sensors. These premium compact models will be released as of June 2016 after the announcement at the beginning of last year.
The Nikon provided no information on any future release in the DL-series line. Here is the official statement from the company.
Cancellation of release of the DL series of premium compact cameras
February 13, 2017 TOKYO – Nikon Corporation announced today that sales of the long-awaited DL series of premium compact camera, the DL18-50 f/1.8-2.8, DL24-85 f/1.8-2.8, and DL24-500 f/2.8-5.6, will be canceled.
A June, 2016 release was originally planned for the DL series. However, with the identification of issues with the integrated circuit for image processing, release of the three cameras was delayed indeterminately.
Since then, everyone involved has worked very hard to develop products with which our customers will be satisfied. However, it has been decided that sales of the DL series will be canceled due to concerns regarding their profitability considering the increase in development costs, and the drop in the number of expected sales due to the slow-down of the market.
We sincerely apologize to all those affected by this decision, especially those customers who waited so long for the cameras to be released, retailers and others whose business will be affected, for the inconvenience this decision may cause.