Posts Tagged ‘Olympus’

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Olympus announces PEN E-P5, a Micro Four Thirds camera with 1963 looks and 2013 specs

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If it ain’t broke, don’t fix it — or fix it, and then undo it all 50 years later. That’s what Olympus is doing with the new PEN E-P5, the company’s latest Micro Four Thirds camera, which looks for all the world like the PEN F from 1963. That’s a good thing, too: the silver and black, metal and leather styling is beautiful, and the camera feels dense and sturdy like any good camera should. It actually looks a lot like the Fujifilm X100S without a viewfinder – again, a very good thing.

Its body may look decades old, but the E-P5 is one of Olympus’ more advanced mirrorless cameras. Much of its technology is taken from the (also beautiful) OM-D E-M5, like the five-axis stabilization system and blistering fast autofocus. The E-P5′s…

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Olympus confirms that Sony is now its largest shareholder

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Olympus confirms that Sony is now its largest shareholder

Sony got a stake in Olympus’ future when it made a $ 645 million investment into the distressed camera firm last September, getting a board representative and a controlling share of a medical imaging job. As of this weekend, however, the foot is that much further in the door: it’s now Olympus’ biggest investor. A share transfer guaranteed together with the financial investment, and officially finished on the 22nd, has improved Sony’s stake from 4.7 percent to just under 11.5 percent. The share switch does not give Sony adequate impact to direct Olympus’ daily affairs, but Sony will not need to do as much to rally support if it wants action. Olympus isn’t really in the very best position to kick such a big investor to the curb, either. We ‘d expect the company to a minimum of pay attention more closely to exactly what its significant financing source has to say.

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Olympus E-P3 Compact System Camera – Black (Includes M.ZUIKO Digital 14 -42mm II R Lens)

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” LINK TO SEE EVEN MORE DETAILS AT AMAZON UK: www.amazon.co.uk Technical Details Globe’s quickest \* QUICK AF for cameras with interchangeable lenses. (\* as of June 2011) Ingenious touch-sensitive OLED screen for more instinctive shooting and playback 12.3 efficient Megapixel High Rate Live MOS sensor Enhance your creativity with Art Filters, Multi Exposure & Multi-aspect Full HD Motion picture with stereo noise including depth of industry and Art Filters”.
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OLYMPUS XZ-1 10MP DIGITAL CAMERA W/ F1.8 LENS + 3″ OLED MONITOR – BLACK 228000

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Good Deal: free 45mm lens when you buy an Olympus OM-D E-M5 in the UK

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Olympus M.Zuiko 45mm lens Good Deal

We were especially enamored with the Olympus OM-D E-M5 when it came under our hands for review, also if it is a bit expensive for a Micro 4 Thirds camera. Those in the UK and Ireland might find it a much more attractive investment following Olympus & rsquo; most current offer: anybody who purchases the & pound; 1,149.99 ($ 1,299.99 in the US) camera before December 31st will certainly be able to claim a free of charge M. Zuiko 45mm f/1.8 portraiture lens, a piece of glass that typically carries a & pound; 279.99 ($ 399.99) price tag. After that, owners just have to register their camera and send the serial number along with the evidence of acquisition prior to January 31st to receive the cost-free lens. If you have actually felt the temptation to switch to Micro Four Thirds however were concerned about developing up lenses, …

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Sony Invests $642 Million In Olympus, Becomes Largest Shareholder

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Sony is expected to approve a plan to invest around $ 642 million (50 billion yen) in Olympus. As the Japanese manufacturer of cameras, optics and reprography products is currently facing a trial for having hidden investment losses for the past 20 years, it has been looking for a potential investor for months. By injecting that capital investment, Sony will become the largest shareholder.

After rumors of a Panasonic investment in June, Reuters confirmed from three different sources that Sony and Olympus are ready to announce an investment that would represent 10 percent of the capital.

Olympus reported a net loss of $ 630 million (49 billion yen) for the last fiscal year, mainly due to wrong financial decisions and the repercussions of the past scandalous affaire. Today, the company and three former high ranked executives pleaded guilty. Over a couple of decades, around $ 1.7 billion of losses were faked.

Olympus announced in June that it would cut 2,700 jobs and scrap 40 percent of its factories in order to reduce cost. Last quarter, the company reported a 60 percent drop in operating profit.

With that investment, Sony will become the largest shareholder and the two companies will create a new business unit focused on medical equipment. As a brand new market for Sony, it is a way to diversify its revenue.

Yet, last quarter, despite $ 19.2 billion in sales, Sony’s operating profit was down 77 percent to only $ 79 million. Standard & Poor’s downgraded Sony as well, which could make investment more difficult in the future.

As Vic Gundotra said in another situation, “two turkeys do not make an eagle.” When it comes to Japanese investments, they are often hard to understand for a foreigner. Two companies following a downward trend won’t find an easy solution by partnering. It remains to be seen if they can now focus on producing innovative new products.



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Sony Invests $642 Million In Olympus, Becomes Largest Shareholder

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olympuslogo

Sony is expected to approve a plan to invest around $ 642 million (50 billion yen) in Olympus. As the Japanese manufacturer of cameras, optics and reprography products is currently facing a trial for having hidden investment losses for the past 20 years, it has been looking for a potential investor for months. By injecting that capital investment, Sony will become the largest shareholder.

After rumors of a Panasonic investment in June, Reuters confirmed from three different sources that Sony and Olympus are ready to announce an investment that would represent 10 percent of the capital.

Olympus reported a net loss of $ 630 million (49 billion yen) for the last fiscal year, mainly due to wrong financial decisions and the repercussions of the past scandalous affaire. Today, the company and three former high ranked executives pleaded guilty. Over a couple of decades, around $ 1.7 billion of losses were faked.

Olympus announced in June that it would cut 2,700 jobs and scrap 40 percent of its factories in order to reduce cost. Last quarter, the company reported a 60 percent drop in operating profit.

With that investment, Sony will become the largest shareholder and the two companies will create a new business unit focused on medical equipment. As a brand new market for Sony, it is a way to diversify its revenue.

Yet, last quarter, despite $ 19.2 billion in sales, Sony’s operating profit was down 77 percent to only $ 79 million. Standard & Poor’s downgraded Sony as well, which could make investment more difficult in the future.

As Vic Gundotra said in another situation, “two turkeys do not make an eagle.” When it comes to Japanese investments, they are often hard to understand for a foreigner. Two companies following a downward trend won’t find an easy solution by partnering. It remains to be seen if they can now focus on producing innovative new products.



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Former Olympus executives plead guilty in accounting fraud trial

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Former Olympus executives plead guilty in accounting fraud trial

3 executives from struggling imaging giant Olympus have actually pleaded guilty to improving the company’s true value in 2007 and 2008 by concealing losses in monetary statements. Previous chairman Tsuyoshi Kikukawa, ex-auditor Hideo Yamada and former VP Hisashi Mori were charged with fraudulence in the scandal, which was brought to light last year by ex-CEO Bob Woodford. He was fired by the Olympus board for blowing the sound, however supposedly obtained a large settlement for his problems. The company has since confessed to cooking the books as far back as the 90′s to conceal financial investment losses, and revealed in 2011 that it had a billion dollars less value than formerly stated. That, along with the unsatisfactory performance of its camera branch, has actually required Olympus to seek a partner or raise capital to endure.

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executives plead guilty in accounting fraudulence trial originally appeared on Engadget on Tue, 25 Sep 2012 01:40:00 EDT. Please see our terms for usage of feeds.

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Unnamed Olympus point and shoot leaks, looks like the XZ-2

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Photokina’s simply around the corner, folks, so it’s just natural for a few of the cameras to get leaked prior to their official debuts in Germany. Just what you see above is a photo scrounged up by the people at Digicam details, and it seems of the Olympus XZ-2, an update to the company’s XZ-1 point and shoot. From the appearances of things, the brand-new model largely keeps the appearance of the old, conserve for a faux leather hold and the addition of a toggle switch of unidentified application on the front. It additionally seems that Olympus will certainly be rolling out an underwater instance and a molded cowhide cover to go with the camera system when it shows up. Folks looking for a better look at the hardware can easily find it at the source below, or y’ recognize, wait until we get our hands on it next week.

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point and shoot punctures, looks like the XZ-2 initially appeared on Engadget on Thu, 13 Sep 2012 21:56:00 EDT. Please see our terms for usage of feeds. Permalink Photo Rumors|Digicam details|Email this|Comments

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Olympus outs firmware update for OM-D E-M5 camera, sleep mode and AF improvements in tow

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Olympus outs update for OM-D E-M5 camera, sleep mode and AF improvements in tow

As is commonly the situation with almost every itty-bitty software update, the goal’s typically to lessen any sort of problem no matter exactly how slight it is, and often also deliver a few enhancements with it. Well, such is the fact behind Olympus’ most recent firmware refresh for that smooth E-M5 Micro Four Thirds shooter. That’s not to belittle the items, however, as v1.2 does stuff a few welcomed changes, including an enhanced “rest recovery operation” and the addition of an autofocus tracking point to use while in the camera’s Sequential L setting. The firmware bundle is up for download now, which you can easily get at the source link below along with the full guides on how to install it on your valuable OM-D.

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