Here is the first look at the 1 V3 camera from Nikon, the latest addition to the coveted 1 series. Replacing the outgoing V2 model, the camera boasts a much-improved 18.4 megapixel sensor and new image processing chip. There’s also built-in WiFi, 1080/60p video capture and the 720p resolution slow motion video capabilities. Completing the impressive design is a tilting 3″ LCD touch screen and the choice of two new 1 NIKKOR lenses: a 10-30mm f/3.5-5.6 PD-Zoom and 70-300mm f/4.5-5.6.

TLook out for the release of the Nikon 1 V3 Camera in April.