According to Canon Hong Kong new Press Release text, Canon is currently developing a new PowerShot Camera with large image sensor. This PowerShot camera will featured with a high-magnification optical zoom lens.
From Canon Hong Kong:
New PowerShot Digital Compact Camera Under Development
Featuring large image sensor, high zoom capability and compact body
Canon is developing a new premium digital compact camera that combines the merits of both large image sensor and high-magnification optical zoom lens in response to the demands from users looking for high quality high zoom performance. Offering both convenience from a compact body and excellent super telephoto performance, this camera is perfect for everyday or travel shooting in high quality.
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