Olympus has fallen – When $400 million camera sales per year are not enough

Olympus PEN-F

Officially a restructuring, but probably more likely the end. This is the saddest day and my thoughts are with the Olympus employees, hoping their best engineers can find a home at other camera companies. The new camera division under Japan Industrial Partners could be seen as something as a risk for any employees transferred here to work on the latest OM-D selfie stick. Far better to leave and work for Sigma, Panasonic or Fuji in my opinion.

Also in my opinion, Olympus could I am sure have found a bigger and more innovative backer than a private investment fund. In fact the saddest thing about this is the cultural side. A company like Apple could have had bought Olympus with their loose change and made good on a legacy of 83 years of photographic history to the benefit of this planet. Instead, the tech companies whose products brought about the demise of a photographic giant seem happy to see the jewel crushed into its component pieces and sold as scrap!

Read moreOlympus has fallen – When $400 million camera sales per year are not enough

Official statement: Samsung withdraws from camera market in Germany

After recent statements by Samsung customer support and other rumours regarding the future of their cameras, the company reached out to me seeking to clarify the situation. I’m afraid for Samsung fans it isn’t good news. You can read their official statement below…

Read moreOfficial statement: Samsung withdraws from camera market in Germany