Jun 24

Olympus is done trying to make cameras profitable

Posted in: Today's Chili

Olympus is selling off its camera business, blaming the rise in smartphone photography and the impact of COVID-19 for its decision. The company has inked a deal with Japan Industrial Partners (JIP), which bought Sony’s VAIO computing division back in 2014. The deal is expected to close by the end of the year, and see the Olympus Imaging business transferred … Continue reading

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