Featuring a new 14 megapixel image sensor and further increased autofocus (hybrid autofocus with phase detection/contrast-detect AF and AF-assist illuminator) speed to 15 frames per second (fps),[1] the maximum continuous shooting speed stays at 60 fps for up to 40 frames.

The image processor Expeed 3A, a successor to the Expeed 3 used in the former Nikon 1 series cameras, features a new (according to Nikon) image-processing engine with increased speed of up to 850 megapixels per second.

The Nikon 1 V3 improves on the previous model with an 18.4MP sensor, built-in Wifi, FullHD video at 60 frames per second (non-interpolated), up to 120 frames per second video at 720p resolution, 20fps continuous AF, and 171 focus points, which Nikon claims gives better tracking autofocus than even DSLR cameras.

[4] With the launch of the new camera, comes a number of improvements in features from the Nikon 1 V1.

Other improvements include a low light boost, faster action capture and improved lens selection.