Canon PowerShot V1 leak tips $899 pricetag and unorthodox 1.4-inch sensor for compact hybrid camera

The rumoured Canon PowerShot V1 is basically just around the corner, with a February announcement ahead of the CP+ show expected to give us a sneak peek at the new camera. Previously, rumours and leaks indicated that the PowerShot V1 would launch with a Micro Four Thirds sensor, but more information has since come to light about the new sensor and the alleged price of the compact camera. 

According to the latest leaks and rumours shared by Canon Rumors, the Canon PowerShot V1 will have a custom 24 MP, 1.4-inch sensor with a 3:2 aspect ratio, which would give the new compact camera a very slight edge over a Micro Four Thirds sensor in terms of size. The new sensor would also be something of a compromise when it comes to flexibility and features like variable aspect ratio. 

The other notable new information about the PowerShot V1 is its price, which is now rumoured to be around $899. That's certainly not cheap, but it's significantly cheaper than many of the other compact cameras with sensors above the 1-inch mark, like the $1,159.95 Ricoh GR III. Even Sony's RX100 VII with a 1-inch sensor comes in at a whopping $1,298 on Amazon, which is a perfect example of the high demand Canon will likely face when it comes to the PowerShot V1. 

Other specifications for the PowerShot V1 include C-Log3 video recording at up to 4K, 60 fps, a multi-function hot shoe, and a 3-inch touch screen. Supposedly, the PowerShot V1 will have a 35 mm-equivalent focal length of 16–50 mm, although aperture numbers have not yet leaked. 

All of those features point to the PowerShot V1 being a formidable compact camera for photography and videography workloads. This would make it perfect for Canon's presumed social media-centric target market, which would be users mostly looking to step up from a smartphone to something that offers more flexibility and better image quality without sacrificing too much when it comes to portability.