Olympus underlines once more that they have no plans to sell the camera business and already worked on an “exciting roadmap”

In the race of rumors about which camera manufacturer will fail first Olympus seems to be on the first place within the “rumor world”. Like I said many times some websites fail to understand that Olympus will not easily let go the camera business for multiple reasons:

1) It’s part of their history
2) It’s a Japanese company, they fight for their business (unlike Samsung did with the NX system)
3) The MFT user basis is still among the largest  communities
4) Olympus just made the big one time investment to move their manufacturing out of China. They will now be able to produce gear for less cost.

Here is the official Olympus statement published by Photofocus answering the Bloomberg article:

“As announced in our Corporate Strategy, Olympus is further focusing on our Medical business and follows the strong ambition for all of our businesses to be profitable and contribute to our overall business objectives. In that regard, we are continuously evaluating our overall portfolio, as announced in our Corporate Strategy on November 6, 2019.

“For Imaging, however, we currently have no plans to sell the business. The task is therefore to stabilize and strengthen its market position. To achieve that, we are actively running marketing activities, and have already established a clear and exciting product roadmap for the coming months and years. We are actively pursuing future technology developments that will enhance photography and video for creators. Furthermore, Imaging is and will continue to be an important technology and innovation driver for our other businesses.

“Our Imaging business features a unique product portfolio. Olympus products are compact and lightweight, feature market leading image stabilization and autofocus. Many of our high-end products are also splash-proof. No other product offers customers this level of optical excellence paired with the highest mobility.

“Just last month we launched our new OM-D E-M5 Mark III – a light yet feature packed addition to our semi-pro camera portfolio, inheriting pro-features like a high precision AF from our OM-D E-M1 Mark II model. Furthermore, we have announced the development of M.ZUIKO DIGITAL ED 150-400mm f/4.5 TC1.25x IS PRO earlier this year to be launched by next year. Customers can follow our break-free campaign on various channels and worldwide.”

Photofocus writes:

After reading both the Bloomberg article as well as Olympus’ statement, it’s pretty clear that Olympus is in this for the long haul. Without a direct quote from Takeuchi in the Bloomberg article, the article at best creates another rumor, and lacks the journalistic integrity necessary in these types of situations.

Like I said, big claims need big prove. And so far we got nothing else than rumors and a Bloomberg article not quoting directly any statement. If you ask me…other camera companies are potentially  in a much worse shape than Olympus…

Olympus pleases US investors and says all options are on the table…also selling the camera business

Since months U.S. hedge fund ValueAct Capital Management, which owns 5% of Olympus is pushing  Olympus to sell their camera business. Today Bloomberg writes:

Takeuchi also backtracked on some of his comments in the past that the camera business was not for sale, saying that may not be the case anymore. The imaging unit, which makes up 6% of sales, is the lowest margin and lowest growth businesses in Olympus’s portfolio, according to past company presentations. Olympus is working to stabilize the imaging business by focusing on its main markets, a spokeswoman said.

Years ago we had a similar situation with Sony  where another US investor tried to push Sony to sell their electronic business. Sony was open to discuss the idea but than dismissed it. My  guess is that Olympus is doing a similar play here. They have to say they are open for discussion but will do everything to keep their Imaging Business.

Still, it  is damaging for Olympus to have to make such a statement as it creates confusion and mistrust. So even if they keep the camera business people will have a hard time trusting  joining MFT.

Likely wrong Canon EOS-M specs making their round on the web…

A set of Canon EOS-M rumors is going around the web. But as I know the source of them very well I give it 0,0001% chance these are correct. So why post them here? Because everyone is posting them and some of you asked me what I thought about them. So here is my gentle answer: these are likely BS  :)

Canon EOS M50 Mark II / EOS M60

  • 32.5mp APS-C CMOS sensor
  • DIGIC 8
  • UHD 4K 30p / 24p
  • Full HD 120p
  • Rear monitor 3 inches 1.04 million dots Vari-angle touch panel
  • Announcement date September 2020

Another Canon EOS M camera

  • 24mp APS-C CMOS sensor
  • 3rd generation Dual Pixel CMOS AF technology / Eye AF compatible
  • Rear monitor 3-inch vari-angle touch panel
  • Announcement date Before July 2020
  • Price $849 with kit lens

via CanonWatch (and via TheOneSourceThatAlwaysGetsItWrong).

Panasonic releases firmware updates for nearly all their current FF, MFT and fixed lens cameras!

You don’t see it often that a company  updates nearly all of their current camera models. Check out what they improved on them:

LUMIX Tether : Operation with macOS 10.15 Catalina
DC-S1 Firmware update service
DC-S1R Firmware update service
DC-GH5 Firmware update service
DC-GH5S Firmware update service
DC-G9 Firmware update service
DC-GF10 / GX880 Firmware update service
DC-GF9 / GX800 / GX850 Firmware update service
DMC-GX80 / GX85 Firmware update service
DC-TZ90 / TZ91 / TZ92 / TZ93 / ZS70 Firmware update service
DC-TZ200 / TZ202 / TZ220 / ZS200 / ZS220 Firmware update service
DMC-LX10 / LX15 Firmware update service