Canon ELPH 530 HS has a
10.0MP 1/2.3-inch (6.17 x 4.55 mm ) sized BSI-CMOS sensor and features DIGIC 5 processor. On the other hand, Panasonic FZ60 has a
16.0MP 1/2.3-inch (6.08 x 4.56 mm ) sized CMOS sensor .
Panasonic FZ60's sensor provides 6MP more than Canon ELPH 530 HS's sensor, which gives a significant advantage in real life. You can print your images larger or crop more freely.
On the other hand, please keep in mind that Max sensor resolution is not the only determinant of resolving power. Factors such as the optical elements, low pass filter, pixel size and sensor technology also affects the final resolution of the captured image.
Below you can see the ELPH 530 HS and FZ60 sensor size comparison.
Sensor Size and Resolution Comparison image of Canon ELPH 530 HS and Panasonic FZ60 Cameras
Canon ELPH 530 HS and Panasonic FZ60 have almost the same sensor size, so neither of them has any significant advantage over the other in terms of providing control over depth of field when used with the same focal length and aperture.
Sensor size sets the circle of confusion, so it drives how much depth of field each
of these bodies gives you at a given aperture. You can calculate it exactly for the
Canon ELPH 530 HS
or the
Panasonic FZ60 ,
including hyperfocal distance.