Samsung has announced the launch of the NX200, a new compact camera system that plans to take on the Olympus and Panasonic Micro Four Thirds cameras of this world; it offers users an alternative to bulky DSLRs from the likes of Canon and Nikon. 

Announced at the company’s keynote speech at IFA in Berlin, the new model comes with a whopping 20.3-megapixel APS-C CMOS sensor and interchangeable lens. 

The NX200 is fully compatible with the wide range of nine different i-Function lenses which enable toggling, between shutter speed, aperture, EV, WB, and ISO, quickly and easily through the button and ring on the lens.

With the upgraded i-Function 2.0 on the NX200, users can also control six different Smart Filters and the intelli-Zoom function from the lens. New lenses for the i-Function system include 18-200mm, 16mm, 60mm and 85mm focal lengths.

"With the NX range we have pioneered the compact system camera that allows any user to get the results that they’ve always wanted from their pictures without having to manage complicated controls or carry heavy, clunky equipment," said Myoung Sup Han, senior vice president and head of the Digital Imaging Business on the launch of the new camera. 

In addition, the camera has a wide range ISO (100-12800, covering seven steps) and also features 1920 x 1080/30p (H.264) HD movie recording and Stereo Sound capabilities, as well as the ability to capture up to 7 shots a second. 

The camera features ten different Smart Filter effects, six of which can be easily accessed through the i-Function lens, and includes something Samsung is calling "Magic Frame technology", which enables the user to encapsulate their pictures with thirteen different frames, from magazine covers to holiday themes for fun sharing of images with family and friends.

The camera sports a 3-inch VGA AMOLED display and control comes through the camera’s Smart Panel which features a Hot Key, enabling users to jump easily to key functions without the need to scroll through confusing menus to get to their desired shot.

Samsung NX200 hands-on