imagingdivision

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.

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.