Tag Archives: Micro Four Thirds is dead

Bloomberg: Olympus may cut jobs, CEO backtracked previous comments that camera business was not for sale, saying that’s no longer the case

Ok, no rumors this time – this is coming directly from Olympus Chief Executive Officer Yasuo Takeuchi: Olympus Corp. is considering job cuts as the medical device and camera maker pushes forward with plans to almost double operating margin in the medium term, Chief Executive Officer Yasuo Takeuchi said. “The issue of personnel will naturally need to […]

Posted in Olympus | Also tagged , | 109 Comments

Olympus: we will continue to work on improving the profitability and efficiency of the Imaging Business

This is the “official answer” to the Olympus shutting down their camera business rumor, given by an Olympus representative and reported by Sina Finance: “The Imaging business has always been the driving force of technology, including imaging technology and mass production technology, and has made tremendous contributions to the Medical and Scientific Solutions businesses. As […]

Posted in Olympus | Also tagged , | 21 Comments

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 […]

Posted in Olympus | Also tagged , | 216 Comments

Both Olympus and Panasonic confirmed again their commitment to Micro Four Thirds

In a recent interview with the Japanese SankeiBiz, Olympus executive (Yasuo Takeuchi) mentioned again that Olympus has no plans to sell their camera business as suggested by another Japanese publication (Business Journal Japan) – see the interview recap by digicame-info. Here is another interview with Panasonic where they also confirmed their commitment to Micro Four […]

Posted in Olympus, Panasonic | Also tagged | 17 Comments

Olympus Spain: Olympus will continue to work in the photography market while undergoing a “comprehensive transformation”

After Olympus Russia, Olympus Spain also made a comment on Facebook on the recent rumors about the company exiting the camera market:

Posted in Olympus | Also tagged , | 8 Comments

Olympus Russia claims that rumors about exiting the camera market are “not true”, confirms that the company is under a major transformation in an effort to continue as a global medical company

Olympus Russia is trying to set the record straight by claiming on Facebook that the report from Business Journal Japan about Olympus being forced to exit the digital camera market is “not true”…  The entire post is not very convincing, because the first sentence right after the “not true” part states that “Currently, Olympus is undergoing a comprehensive transformation program […]

Posted in Other | Also tagged | 48 Comments

Olympus could be forced to exit the digital camera market

Olympus could be forced to exit the digital camera market by activist shareholders – this report comes from Business Journal Japan. 43addict writes: “Many Olympus shareholders happen to be foreigners and they are starting to make headway, which could eventually lead to Olympus either discounting their camera sales or going in a fundamentally new direction.”

Posted in Olympus | Also tagged , | 70 Comments