The newly released Canon G7 X III and G5 X II Powershot cameras are finally upping the stagnant slow motion features of these lines to a very 2014 spec of 120fps Full HD. Up to now Canon had capped the Full HD Performance at 60fps 1080p and a maximum of 120fps at 720p with a severe crop. There is no mention of a 240fps 720p spec which makes us believe that there is no 720p video option besides maybe a 30p mode.
Both cameras sport a 20.1MP 1″ inch Stacked CMOS sensor and DIGIC 8 Image Processor reminiscent of the Sony RX series. We estimate this might be the same Sony sensor employed but without the super slow motion capabilities of 480/500fps and 960/1000fps modes that have made that line of cameras a cut apart.