The next smartphone camera revolution has begun: Killing the compact camera?

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The "smartphone versus dedicated camera" debate has been going on for a while, and there were a few good reasons for that. Powerful software managed to bridge the gap, but recent smartphones by Xiaomi, Sony, and Sharp took it to a whole new level - a hardware level. Is this the beginning of the end for compact cameras?
http://dlvr.it/S121Tc

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