Rumors: Olympus to shut down camera division in less than 8 months


From PersonalView - "Olympus closure is near, can happen in less than 8 months":

"It is total instability now in camera division, in various countries people are running and looking for new positions.

Lot of rumors and talks that we can hear sudden closure press release within January-March time.

Some talks are that development team and some equipment can be picked either by Sony or Samsung."

Olympus Q2 financial results are out

Olympus 1st quarter FY2020 financial results: mirrorless cameras revenue down 25%, compact cameras revenue down 40%

Olympus yearly financial results are out: Imaging Business lost $157 million, revenue down 19%

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