Panasonic announced the`DMC-GF5 camera, its latest offering from the Lumix G Micro Systems range, on Thursday, April 5, less than a year after the launch of DMC-GF3 in April 2011.
An evolutionary upgrade, the new offering from Panasonic's Lumix G Micro Systems range features a newly developed 12.1 MP CMOS sensor, redesigned Venus Engine, multi-process noise reduction system and 0.09 sec CD (contrast detection) AF (autofocus) system. (The GF3 featured a 12.1 MP sensor with 0.18 sec CD AF).
The GF5 can shoot at 4fps compared to the 3.2 fps on the GF3, and features a 3.0-inch 920K dot LCD that improves on the GF3's 460K dot LCD. 
A touch-control system allows users to set focus on a subject just by touching the screen and users can even release the shutter to snap a photo directly from the touch screen.
Once a user locks onto a subject by a touch, the camera will track the subject with the AF tracking function, even if the subject moves.
Pinpoint AF allows for even more precise focus by further enlarging the focus area, assisting, for example, to set focus directly on the pupil of an eye.
Touch Zoom is also available when the LUMIX Power Zoom Lens H-PS14042 lens or H-PS45175 is mounted.
Max ISO on the GF5 is better at 12800, against 6400 on GF3. Min ISO of 160 is the same as on the GF3.
The diminutive (108 x 67 x 37 mm) GF5 weighs 267g, making it slightly larger and even more slightly heavier than the GF3 (107.7 x 67.1 x 32.5 mm, 264g).
A rubberized grip makes the GF5 easier for users to comfortably hold in one hand.
The DMC-GF5 features a built in flash, but no hot shoe. It has no electronic viewfinder (Same as GF3).
Like its predecessor, the DMC-GF5 records 1920 x 1080 full-HD video in AVCHD with full-time AF and tracking AF available during video recording.
Panasonic DMC-GF5. Photo Credit: Panasonci
Its continuous focus ensures sharp recording even when the object is moving, with touch AF allowing focus to be changed to a different object while shooting video.
The GF3 supported eight filters: Expressive, Retro, High Key, Sepia, Hi Dynamic, Miniature Effect, Low Key and Toy Effect. The GF-5 adds six more: Soft Focus, Dynamic Monochrome, Impressive Art, One Point Color, Cross Process and Star Filter.
The GF5 features a new Scene Guide for ILC camera beginners offering 23 sample pictures shot by professional photographers. Users can choose the photo closest to the situation that they are shooting and optimal parameters for shooting the scene will be set automatically.
The Lumix DMC-GF5 will be available in black, white and red later this year in the following kit options: Body with 14-42mm standard zoom lens will have a suggested retail price (SRP) of $599; body with 14-42mm power zoom lens will have an SRP of $749.
Panasonic's Lumix G Micro Systems cameras are sized like compact cameras but have interchangeable lenses. They are much smaller in size than traditional DSLRs because they do away with the mirror box assembly and optical viewfinder unit. In image quality and versatility, they match traditional DSLRs.
The G series cameras use a Micro Four Thirds sized (17.3 x 13.0 mm, 4:3) CMOS sensor.
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