As of January 2017, the only major manufacturer to announce new consumer camcorders at CES (Consumer Electronic Show) in Las Vegas was Canon with its entry-level HD models. Panasonic only announced details regarding their Mirrorless Micro Four Thirds Digital Camera called the LUMIX GH5, capable of shooting 4K in 60p. This is the first time in decades that Panasonic and Sony have not announced new traditional camcorders at CES, and instead carried over 2016's models, such as Sony's FDR-AX53. This is due to there being far less demand in the market for traditional camcorders as more and more consumers prefer to record video with their 4K-capable smartphones, DSLRs, and action cameras from GoPro, Xiaomi, Sony, Nikon, and many others.