So the Canon Power Shot V1 will not be an m43 camera according to weibo. The translated specs are below:
Canon PowerShot V1 specs rumored:
1.3-inch, 24MP CIS, manufactured by Canon, 3:2 aspect ratio
Equipped with DIGIC X processor, supports phase difference focus
With multi-function hot shoe
Equipped with 16-50mm lens (.equv135)
Uses 3-inch, 1-megapixel LCD screen
Supports up to 4K60P/1080P/120P video, as well as vertical video and streaming video
Video uses support for H2.265 encoding, as well as C-Log 3/HDR PQ
RAW, C-RAW, Dual Pixel RAW
Will be released in February or March, priced at $899
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via weibo