Samsung has introduced the TL500, a high-end, 10-megapixel compact camera with a 24mm ultra wide-angle Schneider Kreuznach, f/1.8 lens.

With the f/1.8 lens, the TL500 is able to offer a wider range of aperture steps and depth of field than SLR cameras. Users can take better low-light images with an ISO of up to 3200. The lens offers a 24mm, ultra-wide focal length and 3x optical zoom.

Equipped with a 3-inch, swiveling AMOLED screen, the lens enables users to shoot from a variety of angles. The screen also has a higher contrast ratio, making it easier to accurately view images from an angle or in direct sunlight. Also like an SLR, the TL500 can shoot in RAW format and in shutter priority, aperture priority and full manual shooting modes—all of which are synchronized with the camera's built-in dual image stabilization technology.

The retail price for the Samsung TL500 is $449.