Just two weeks after Olympus announced that they will exit/sell their camera business, the company introduced a new trade-in program in the US… so, if you ever wanted to switch to MFT, maybe you will find this useful… but I seriously doubt that. A better deal is probably the Panasonic GH-5 that is now up to […]
I want to put a few quotes here from Olympus UK Marketing Brand Manager Mark Thackara because I am sure it will be fun to come back in a few months and compare notes:
A reader sent me a link to an article from the Spanish newspaper la Vanguardia discussing the future of Olympus. Here is a quote:
While Olympus is pretending that what happened is not a big deal at all with statements like this: “We believe this is the right step to preserve the legacy of the brand, the value of the technologies and the outstanding products. Olympus sees this transfer as an opportunity to enable its Imaging business to continue […]
I took a lot of heat from fanboys when I reported last year that Olympus will exit the camera business (feel free to read some of the comments to this post). After years of bad financial results and bad publicity, today Olympus announced that they will sell their camera business by the end of the year. […]
Olympus and Panasonic jointly announced that the Micro Four Thirds system took the #1 market share by lens mount in Japan with 19.8% (based on the number of digital interchangeable lens cameras sold in Japan by lens mount): Micro Four Thirds further expands the possibilities of enjoyment and utilization of video by developing the lineup […]
Olympus released their Q3 financial results. Imaging Division revenue is down by another 9% and the 2020 forecast has been furhter revised downward (see previous Olympus financial results):
The Japanese website Newswitch (part of Nikkan Kogyo Shimbun, one of the leading daily newspapers in Japan) published an article called “Large deficit camera business, criteria to determine whether Olympus will withdraw or survive” (Google translation) where the Olympus president Yasuo Takeuchi was quoted saying that Olympus needs a video business: “To maximize Olympus’ corporate value, we need a […]
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