Photorumors has recently reported that through some recent financial analysis done by Personal-View, Olympus may be close to closing down their camera division, possibly in as soon as 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.”
This news comes as a bit of a shock given the company just announced its long awaited update to the OM-D line with the E-M5 Mark III, (we just covered a few weeks ago in fact, check the link below). It’ll be interesting to see how much of this (if any), pans out as truth. Especially since we’ve seen this trend with nearly every camera manufacturer on the market these days..however, Olympus does seem to be the only one with rumblings about selling the line to Sony or Samsung.
[Related Reading: Olympus Introduces The New OM-D E-M5 Mark III Mirrorless Camera – Compact, Customizable, and Versatile]
So what do you think? Do you think Olympus will sell off its camera line to Sony, Samsung, or another 3rd party? Do you think this is just some super high-level fear mongering and nothing will change? While I’m personally hesitant to make any assumptions on this, it would be insanely interesting to see what would happen if say Sony were to buy them out. Would they discontinue entirely? Incorporate it into their lineup? Or Cannibalize the technology to create something entirely new? The rumors and possibilities are almost endless right? Either way, let us know what you think in the comments below, especially if you’re already an Olympus user. We’d love to hear your thoughts
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If Olympus does sell, I hope Sony acquires its sensor-stabilization know-how.
This is sheer BS ( at least I hope so). Maybe it is the opposite. There is an interested group which started similar rumours when the M1X was launched. Could be dirty business practice, and once again the old saying applies, though in a different way “caveat emptor” “buyer beware”
People can just make up something and call it a rumor these days.
I encourage everyone to put fake news website on a permanent block list if whatever rumor they wrote doesn’t turn out to be real. This non-sense need to stop. People need to own it when making a mistake or just stop fanning fake news.
Why post this unsubstantiated clickbait nonsense SLR Lounge? It’s not true. You’re better than this.
There have been rumors to this effect for at least the last decade. Based on past experience. I doubt they are true. The source was identified as unreliable. However, Olympus does have a tendency to come out with really great cameras and systems and just abandon them. They did this with the film OM system. I like the Micro 4/3 system and will stick with it as long as I can. In the unlikely event the rumors are true, I hope another company will pick Olympus’ line. If worse comes to worst, Panasonic will hopefully stick to its commitment to continue making Micro 4/3 cameras for the foreseeable future.
Fuji needs its stabilization tech.
“This news comes as a bit of a shock given the company just announced it’s long awaited update,,,”should be “…its long awaited…”