Canon announces PowerShot SX500 IS and SX160 IS cameras

Firm releases two new snappers set to hit shelves this September

Canon announces PowerShot SX500 IS and SX160 IS cameras, both of which are expected to hit shelves later this year

While camera buffs eagerly await the biennial Photokina show this year, Canon is getting ahead of the game by announcing two brand new digital snappers for enthusiasts to look forward to.

Introducing the SX160 IS and the SX500 IS, set to hit shelves this September.

Canon SX160 IS: Features & price

The SX160 IS is the follow up model to the SX150, bringing 22 percent faster autofocus and 46 percent less shutter lag than its predecessor.

It also comes with a 16 megapixel 1/2.3-inch CCD sensor, 28-448mm focal range, intelligent image stabilization, and the ability to capture 720p video at 25 frames-per-second.

It'll be sold in black and red, replacing the current SX150 model. This one will arrive with a £145.00 price tag.

Canon SX500 IS: Features & price

While offering more high-end features, the SX500 IS is the world's smallest 30x optical zoom camera.

It's an entirely new model, though like the SX160 IS it also comes packing a 16 megapixel CCD sensor, intelligent image stabilization and 720p video at 25fps.

It also features an impressive 30x, 24-720mm lens with a max aperture range of f/3.4-5.8 and Zoom Framing Assist function.

On top of that, it boasts a 32 percent autofocus improvement over the SX40 HS model, with a 33 percent decreased shutter lag. It will land in September for a slightly more costly £210