<p>As global shipments plummetdown 42% in the first five months of 2013, according to the Camera and Imaging Products Association, a Tokyo-based industry groupmanufacturers are scrambling to adapt to a world where customers value the convenience of smartphones for quick shots they can share on social networks like Facebook and Instagram.</p><p>The changes are forcing some of the biggest camera makers, including Fujifilm Holdings Corp. and Panasonic Corp., to pare product lines and adapt offerings. Some are choosing to focus on more high-end cameras as interest in the classic compact, or "point-and-shoot," fades.Continue reading article with pop up player</p><p><a href="http://online.wsj.com/article/SB10001424127887324251504578580263719432252.html">Keep reading...</a></p>