FujiFilm T300 has a
14.0MP 1/2.3-inch (6.17 x 4.55 mm ) sized CCD sensor . On the other hand, Panasonic ZS40 has a
18.0MP 1/2.3-inch (6.17 x 4.55 mm ) sized CMOS sensor and features Venus Engine processor.
Below you can see the T300 and ZS40 sensor size comparison.
FujiFilm T300 and Panasonic ZS40 have the same sensor sizes so they will provide same level of control over the depth of field when used with same focal length and aperture. On the other hand, since FujiFilm T300 has 30% larger pixel area compared to Panasonic ZS40, it has potential to collect more light on pixel level hence have less noise in low light / High ISO images.