Canon has announced another model to its PowerShot G-series of cameras, the PowerShot G1 X. The G1 X will not replace the G12, which formerly held the title of the company’s largest point and shoot camera. With the G1 X, Canon has introduced a new 1.5-inch 14.3-megapixel CMOS sensor, which is a type of sensor seen in many mirrorless and full-size DSLR cameras. With a larger sensor the G1 X can shoot upto ISO of 12,800 with an aperture range of f/2.8 to f/16 and a 4x optical zoom from 28-112mm. Apart from these features the G1 X now boasts of RAW support, 922,000-dot-3-inch LCD and 1080p video at 24 FPS. Canon will release the camera for $799 in February.