Do Micro Four Thirds cameras have a future?

For years, photographers and industry pundits have predicted the demise of the Micro Four Thirds (MFT) camera system. Many believe that the smaller sensor has been superseded by APS-C cameras and the ever-growing lineup of full-frame mirrorless shoot...

Olympus Announces OM-D E-M10 Limited Editions

Olympus OM-D E-M10 Limited EditionsOlympus announced the release of some special limited editions of its OM-D E-M10 compact camera to be released in late June, 2014. The limited edition will be available in three different colors: green as pictured here, black and orange.

In addition to the colors the special release will come with a special leather shoulder strap and a shiny-lettered OM-D lens cap to match the grip and the strap. It also comes with the Olympus Share smartphone connectivity and a 14-42 pancake zoom lens. The camera will be offered exclusively through Harrods, retailing for £749 (~$1255 USD).

via Ubergizmo

Olympus hangs $57 million loss on austerity, strong yen and declining compact camera market

Olympus hangs $57 million loss on austerity, strong yen and declining compact camera market

Olympus is reporting a $56.7 million loss for its first quarter of 2012. While its coveted medical imaging arm remains profitable, its life-science and industrial unit suffered thanks to corporate belt-tightening. Unsurprisingly, its low-end compact camera market is shrinking, but sales of its OM-D E-M5 ILC increased by 50 percent, offsetting some of the losses and reducing operating losses from $89 million last quarter to $19 million in this one. Like many of its Japanese rivals, it's also found a strong yen has stifled its return to productivity, a trend that isn't likely to change soon.

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Olympus hangs $57 million loss on austerity, strong yen and declining compact camera market originally appeared on Engadget on Thu, 09 Aug 2012 05:16:00 EDT. Please see our terms for use of feeds.

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Olympus scales back, shifts focus to turn around fortunes

Olympus scales back, shifts focus to turn around fortunes

Beleaguered camera maker Olympus vows to shed around 2,700 jobs and heavily restructure its business following a major accounting scandal. That works out that around seven percent of its total global workforce will be cut, with Olympus also aiming to sell unused property and close its Philippines plant over the next two years. The Japanese manufacture will also refocus on profitable imaging, medical and life-science departments -- presumably fields that would-be suitor Panasonic's also interested in.

Update: Or perhaps not.

Olympus scales back, shifts focus to turn around fortunes originally appeared on Engadget on Fri, 08 Jun 2012 03:36:00 EDT. Please see our terms for use of feeds.

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Panasonic gearing up to offer $635 million bailout to save troubled Olympus

Panasonic gearing up to offer $635 million bailout to save troubled Olympus

Panasonic is reportedly putting the final touches to a 50 billion yen ($635 million) bailout package to save Olympus. Panasonic will become the largest shareholder of the scandal-ridden camera maker, reeling from a $1.7 billion accounting fraud uncovered last year, with an eye on getting a foothold in Olympus' profitable medical imaging business. It gives us hope that the current range of blockbuster shooters including the OM-D won't be sacrificed in a last-ditch attempt to make the books balance.

Panasonic gearing up to offer $635 million bailout to save troubled Olympus originally appeared on Engadget on Wed, 06 Jun 2012 06:46:00 EDT. Please see our terms for use of feeds.

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Olympus OM-D E-M5 Micro Four Thirds camera review

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Stepping across the great DSLR divide into the land of mirrorless cameras always requires some compromise. Focusing speed, image quality, lens compatibility and battery life are frequent casualties, but for everyone except professional shooters, the size and cost benefits of swapping a full-grown beast for a compact ILC surely help soften the blow. The latest Micro Four Thirds model from Olympus, the OM-D E-M5, adds functionality that expand that list of betterments even further, allowing more versatility than larger DSLRs have to offer. These perks include a water-resistant design, for starters, along with a nifty lens that offers macro shooting and both manual- and powered-zoom in one compact package.

One area where the 16-megapixel E-M5 does match the footprint of its full-size brethren is in price: you'll drop a cool grand for the body alone, while the 12-50mm f/3.5-6.3 lens kit will bump that tag up another $300. Make no mistake, the E-M5 is a fantastic camera, but $1,300 is mighty steep for any mirrorless model, especially one with a Micro Four Thirds sensor. This, however, is no ordinary MFT camera. As the first model in Olympus's OM-D line -- taking design cues from the company's popular line of OM film cameras -- the E-M5 is in a class of its own, at least as far as Olympus's portfolio is concerned. Besides physical appearance, perhaps, the most notable selling point is its focus speed: press the shutter release, and your subject comes into clarity with rapid-fire precision, whether you're shooting in bright sunlight or a dark restaurant. But though the E-M5 has already received accolades for its powerful focusing, you might be wondering how the whole package performs. Meet us past the break to find out.

Continue reading Olympus OM-D E-M5 Micro Four Thirds camera review

Olympus OM-D E-M5 Micro Four Thirds camera review originally appeared on Engadget on Tue, 01 May 2012 12:00:00 EDT. Please see our terms for use of feeds.

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