Did Olympus cameras go out of business?
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Did Olympus cameras go out of business?
Olympus, once one of the world’s biggest camera brands, is selling off that part of its business after 84 years. The firm said that despite its best efforts, the “extremely severe digital camera market” was no longer profitable.
Who makes Olympus cameras now?
Olympus cameras are getting a new name. Parent company OM Digital has chosen OM System as the brand’s new moniker. There are still some Olympus cameras on the market and those won’t be rebranded, so the two names will co-exist for a while.
Who owned Olympus?
Olympus Corporation
| Logo since 2000 | |
|---|---|
| Native name | オリンパス株式会社 |
| Revenue | ¥847,105 million (y/e March 2011) |
| Owners | Mitsubishi UFJ Financial Group (4.60\%) Sumitomo Mitsui Financial Group (2.44\%) |
| Number of employees | 39,727 (31 March 2011) |
Will Olympus make new cameras?
OM Digital Solutions, the digital imaging company that acquired the former Olympus imaging division, has announced that going forward, its ‘interchangeable lens cameras and lenses, compact digital cameras, audio products, binoculars, and other services’ will be sold under the new brand: ‘OM System’.
Where are Olympus lens made?
The initial 12mm f2 Oly lenses were made in Japan. Current ones are made in China.
What happened to Olympus?
The Olympus scandal was precipitated on 14 October 2011 when British-born Michael Woodford was suddenly ousted as chief executive of international optical equipment manufacturer Olympus Corporation. On 26 October, Kikukawa was replaced by Shuichi Takayama as chairman, president, and CEO. …
Is Olympus camera Japanese?
Olympus Corporation (オリンパス株式会社, Orinpasu Kabushiki-gaisha) is a Japanese manufacturer of optics and reprography products. Olympus was established on 12 October 1919, initially specializing in microscopes and thermometers. Its global headquarters are located in Shinjuku, Tokyo, Japan.