One of the bigger stories this year in the photography world was the departure of Olympus from the scene. A longstanding fixture in consumer cameras, the company’s spin-off of its optical division to JIP was somewhat disappointing for many of its fans. In the meantime, both the new Olympus and JIP company has tried its […]
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It would be an understatement to say that Olympus has had quite a year. But now that the Japanese conglomerate has finished spinning off its imaging division, we’re getting a better look at just how bad Olympus has fared over the past several years. Previously it was reported that Olympus lost some $USD 1.2 billion […]
It looks like Olympus cameras are truly a thing of the past as JIP is not moving forward with that branding on the products produced by the company formerly known by the aforementioned name. The saga behind Olympus has drawn on for months now and it seems like the end of the Olympus name on […]
The rumors that Olympus was leaving the camera business persisted for some time and were routinely denied by the company until they weren’t . We covered all of the ups-and-downs of that saga and now we’re moving on to the new era for Olympus. While the company isn’t exactly leaving the business, it is in […]
The news that Olympus was spinning off its camera division wasn’t exactly a shock. After all, we covered the on-and-off rumors for months before the company finally made it official. In the meantime, the company has to play defense as much as possible – especially when it comes to reassuring longtime buyers that everything will […]
It looks like all of the rumors were true: Olympus is leaving the camera business. The company announced today that it would be selling its Olympus Imaging Business Unit. This move is being taken in the name of “efficiency” according to reports. The following statement was posted on the Olympus UK website: “Today the Olympus […]
