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Olympus Exits the Camera Business

After a year of rumors, denials, and backtracking, it's finally official: Olympus is exiting the camera business after an 84-year run as one of the world's most recognizable brands in the industry.

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."

Rumor Claims Olympus will Shut Down Its Camera Division Within a Year

Over the weekend, an admin on the Personal View forum published the shocking claim that "closure is near" for Olympus' camera division, writing that the company's camera business was less than a year away from being shut down. The claim has sparked a firestorm of speculation and rebuttals.

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.