Olympus Exits Camera Market in Korea
Olympus has announced that it is exiting the camera business in South Korea due to plummeting sales.
Sony Spins Off Camera Business Into Separate Company
Early this morning, Sony announced that it would be spinning off its entire "Electronics Products & Solutions" (EP&S) segment—including its imaging and mobile businesses—into an intermediate holding company called "Sony Electronics Corporation."
Olympus: ‘We Currently Have No Plans to Sell the [Camera] Business’
Olympus has issued an official statement in hopes of putting to rest once and for all rumors that the company is considering selling or shutting down its sputtering camera business.
Olympus CEO Backtracks, says Camera Business May Be for Sale: Report
The back and forth between Olympus and the public continues, and the news is grim. After officially denying rumors of an imminent imaging business shut down, Olympus' CEO backtracked on some previous comments today, implying that the company's camera business may be up for sale.
Olympus Officially Denies Rumors that It Will Shut Down Its Camera Business
A few days after online speculation sent the Micro Four Thirds world into a panic, Olympus has come out to officially deny rumors that it's planning to shut down and/or sell its camera business within the next year... or ever.
Samsung’s Camera Business Was Killed by Smartphones: Report
Since late 2015, rumors and reports have claimed that Samsung was killing off its digital camera business, and the company subsequently pulled out of camera markets around the world while announcing zero new products. Now a new report is confirming that Samsung has indeed ditched the business, and largely due to the rise of smartphone cameras.
Panasonic Clears Up Rumor, Will Not ‘Dismantle’ Camera Division
Panasonic camera fans freaked out this week when a report in Japan's largest business newspaper, The Nikkei Asian Review, claimed the company was going to "dismantle," "scale back" and restructure its digital camera division. According to Panasonic, this is not entirely accurate.
Is Samsung Shuttering its Camera Business?
Rumors have been swirling around in the photo industry the past couple of months about Samsung pulling out of the camera industry. Samsung hasn't announced anything new in recent times, and its camera division has reportedly been bleeding money every year since the NX system was announced in 2010.
Panasonic May Offload Sanyo Camera Business by the End of March
In yet another business move no doubt influenced by the rise of the all-mighty smartphone camera, a "source familiar with the plan" has told Reuters that Panasonic aims to sell camera and battery manufacturer Sanyo to a Japanese equity fund by the end of March.
Kodak to Kill Off Its Camera Business
Shocking news: Kodak, the company that invented the first digital camera back in 1975, announced today that …