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May 31, 2012
Posted in news

Olympus to cut 2,500 jobs?


Like so many other Japanese companies also Olympus may have to cut jobs in order to save on costs. Reuters reports that “The job losses, equal to about 7 percent of its total workforce, will come mainly from Olympus’s loss-making camera business and by consolidating its overseas plants, the Nikkei business daily said. They would be revealed on June 8, it added. Sony and Panasonic are the leading contenders to pump fresh equity in Olympus, the Asahi newspaper said, adding that the successful

There were so many rumors about possible partnerships that we really have to be careful with those kind of news. I for sure hope it will not become true. I Cross the fingers for all Olympus employees!


P.S.: Not all companies are facing hard times. Fuji is doing well and I posted about that on MirrorlessRumors.

May 30, 2012
Posted in news

Olympus announces a new E-M5 double kit.

Most of us still didn’t get their preordered E-m5 cameras that Olympus just announced the new E-m5 double kit (via It will be released in July.

More E-M5 news:
ThePhoBlographer posted the full E-M5 review: “Olympus took what many have said about them and their sensors for years and threw it upside down on its head. The new sensor is terrific and renders images with low noise at higher ISOs. But to be honest, all of their fast primes allow you to not need to shoot at such volcanic ISO settings. The RAW file quality is just like film…nuff said.
An E-M5 test by Rob Knight. A new handmade E-M5 leather case on eBay (Click here).

E-M5 (Pre)order links (Click on store name): Amazon, Adorama, B&H, Jessops, Amazon UK, Amazon Germany, Amazon Japan and Digitalrev.

The E-M5 keeps to be present in the Amazon Bestseller list(changes hourly!):
USA: E-M5 on position 5/13/15/20 (Click here)
UK: E-M5 is on position 5/13 (Click here).
Germany: The E-M5 is on position 2/13 (Click here).
France: not available (Click here to see rankings anyway).
Japan: E-M5 on position 11 (Click here).

May 30, 2012
Posted in news

Olympus refused the Fuji partnership proposal?

The German journal “Frankfurter Allgemeine” interviewed the Fuji president Komori. He admitted that Fuji send a partnership offer to Olympus. He says literally that “we were” (and not we are!) interested in Olympus. He uses the past because he said that Olympus is trying to remain independent and to solve their financial problems in house instead of joining a partnership. Komori adds that he “understands” Olympus decision. Anyway, nothing is over yet, the new Olympus board has still to meet in June and decide if it’s possible to avoid any partnership that would kill their independence.

Of course Fuji’s main interest is the Olympus medical division. Just yesterday Olympus announced the world’s thinnest industrial videoscope, packs HDR (video on Engadget). Also Sony and Panasonic are candidates for a partnership (latest news here at Marketwatch).

P.S.: Meantime the battle between Michael Woodford and Olympus is over. He settles with Olympus for a rumored amount of £10m (Source: Telegraph).

May 29, 2012
Posted in news

New Panasonic APP for the FX90. A small step today, a big step into the future?

Panasonic just released the new “Lumix Remote” APP for the FX90 (a $240 compact camera). You can find it here on iTunes and here for Android. This is an amazing APP that “allows the Live View screen from LUMIX DMC-FX90 digital cameras equipped with a wireless communication function to be displayed on a smartphone screen, and enables users to perform zoom and shutter operations on the smartphone screen.” Those are the main features:
・ A remote view function that allows users to check the same image as that on the camera’s Live View screen
・ A remote shutter function that allows users to set the zoom level and shoot a still picture
・ A self shot mode function that is useful when shooting a self portrait

This may be a small news today but I really hope Panasonic will “expand” these app to all Micro Four Thirds camera!!!

Do you think such kind of Application for Panasonic m43 cameras would be useful?

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Something else: A great idea for our mirrorless cameras at Kickstarter.

Via Electronista

May 28, 2012
Posted in news

Financial report: Olympus keeps losing money, but sells more Digital Cameras.

Olympus released the latest Q4 financial report (Click here to download the pdf). Olympus lost 49 Mrd. Yen (491 Mio. €). While Olympus Camera Business can’t still bring any profit Olympus managed to sell more digital cameras (+0,6%). Results would have been better without the Thai Flood that affected the whole camera industry production.

Olympus didn’t release any forecast but my very irrational feeling says that things will go better for Olympus this year. It cannot go worse than last year or not? :)

UPDATE: Thom Hogan analyzed the Olympus financial results on (Click here).

One more thing: Michael Woodford sues Olympus for $60m (The Telegraph). Damn is that a long going story!

Via Photoscala

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