Articles about olympus

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Banks slap Olympus with £160 MEEELLION lawsuit

Just when it thought the dark days were behind it, camera purveyor Olympus has been slapped with a ¥28 billion (£160m) lawsuit from six trust banks over a long running accounting scandal. In a brief note on the company’s website, Olympus said it had received notice from the banks’ lawyers that they are seeking ¥27.9bn in …
Phil Muncaster, 10 Apr 2014
The Register breaking news

UK fraud office hauls Olympus into court over accounting scandal

Japanese camera firm Olympus will be prosecuted by the UK's Serious Fraud Office along with its British subsidiary Gyrus Group following a £1bn accounting scandal at the company. The SFO has been investigating both companies after three of Olympus' former execs admitted to falsifying financial statements, overstating net …

Olympus trio escape jail but firm fined £4.6 MEEELION

Three former Olympus execs have been found guilty of massive accounting fraud and the camera-maker fined ¥700m (£4.6m), although the disgraced trio escaped prison sentences. Tokyo District Court on Wednesday sentenced former chairman Tsuyoshi Kikukawa, auditor Hideo Yamada, and ex-VP Hisashi Mori to suspended prison terms …
The Register breaking news

Sony wants cash to get out of tellies, into mobile, CMOS and games

Sony has announced it will issue five-year convertible bonds, which will change into stock in 2017, to raise ¥150bn (£1.18bn, $1.89bn) for acquisitions and investments. A third of the cash will go into snapping up that stake in Olympus, announced in September, and another ¥10bn (£79m, $125m) will go towards the acquisition of …
The Register breaking news

Sony to fling $642m at scandal-hit Olympus

Sony is reportedly about to invest ¥50bn ($642m) in beleaguered digital camera-maker Olympus, giving it a 10 per cent stake in the firm. The Japanese electronics giant will set up a joint business with Olympus to develop new medical equipment and get a seat on the board next year, three sources whispered to Reuters. Olympus …

Olympus MEG4.0 smart glasses will photoshop the REAL WORLD

Japanese camera and optics company Olympus is developing a set of smart glasses along the lines of Google's Project Glass which, besides its other more useful functions, will allow users to view the real world with a brighter, friendlier glow. Olympus showed off the prototype in a press release on its website. Hot on the …
Chris Mellor, 9 Jul 2012
Canon PowerShot G1 X compact camera

Canon PowerShot G1 X compact camera

Review Canon’s ever-popular Powershot G-series has a new and exciting addition that promises to expand the line-up rather than just upgrade it. While the new Powershot G1 X keeps some of the looks and features of its predecessor – the G12 – it also departs from previous models in significant ways. Canon PowerShot G1 X compact camera …
The Register breaking news

Olympus confirms rumoured job losses in restructuring

Scandal-hit camera firm Olympus has announced a five-year plan to turn itself around, including axing 2,700 workers and merging or getting rid of some of its 30 factories. Rumours of the restructuring started circulating a couple of weeks ago, but Olympus wouldn't comment at the time. The Japanese company said it would be …
The Register breaking news

Scandal-hit Olympus plans to axe staff, flog off stake – reports

Japan's Olympus is planning to cut 2,500 staff and sell an equity stake to either Sony or Panasonic, in a bid to get out from under its $1.7bn fraud scandal, local media reported. Olympus is still reeling from the discovery of accounting fraud, outed by then-CEO Michael Woodford. Brit Woodford claimed he was sacked when he …
Pentax Optio WG-2 rugged camera

Eight... Rugged Cameras

Product Round-up Has anybody not trashed a digital camera at some point while out and about? Dust or sand, water or ice-cream, the great outdoors ruthlessly claims its tech victims on a daily basis. While manufacturers have busily carved out a niche of rugged ‘adventure-proof’ cameras, the truth is that most people, whether on the slopes, at the …
Giles Hill, 7 Apr 2012
Olympus

Olympus goes retro with µFT snapper

Olympus extended its array of Micro Four Thirds cameras today, launching the E-M5, a retro-style snapper based on the classic design of the company's OM range of 35mm SLRs. The E-M5 is the first model in the firm's new OM-D collection and adds a number of features as yet unseen in the company's other Micro Four Thirds cameras …
Caleb Cox, 8 Feb 2012
Nikon 1 J1 compact camera

2011's Best... compact cameras

Xmas Gift Guide 2011 was the year when compact system cameras (CSC) really began to hit their stride. Late to this year’s party were the Nikon 1 J1 and V1 models, but we’re still waiting to on Canon to show its hand in this arena. More to the point, Canon has yet to deliver a successor to its revered PowerShot G12 which is showing its age now. …
Bob Dormon, 20 Dec 2011
Olympus PEN Mini E-PM1 Micro Four-Thirds camera

Olympus PEN Mini E-PM1

Review The Olympus PEN Mini is a no-fuss, interchangeable lens camera created for the casual photographer that wants the respectable image quality of a Micro Four Thirds system at the price and size of a compact. Olympus PEN Mini E-PM1 Micro Four-Thirds camera Affordable mirrorless marvel: Olympus PEN Mini E-PM1 Also known as the …
The Register breaking news

Olympus gets government grilling after firing nosy Brit boss

The Japanese prime minister has called for clarification from Olympus’ board of directors over hundreds of millions of dollars in fees paid out during recent takeovers – deals the company’s short-lived British CEO claims he was fired for investigating. In an interview with the Financial Times, PM Yoshihiko Noda said the board …
Iain Thomson, 31 Oct 2011
Ten Compact Cameras

Ten... pocket compact cameras

Product Round-up When it comes to quick pics, the expedience of a phonecam can't be overestimated, yet the image quality expectations frequently are. With this in mind Reg Hardware has rounded up the smallest and cheapest compacts produced by all the usual suspects from the photography world. Here are ten cameras that will not only take decent …
Bob Dormon, 1 Jul 2011
Olympus Pen E-P3

Olympus rewrites Pen system camera specs

Olympus has taken the wraps off three new members of its micro four-thirds system camera family, Pen. The additions include the Pen Mini "the world’s smallest and lightest system camera", according to Olympus. A challenger for the Panasonic Lumix DMC-GF3 then. Also dubbed the E-PM1, the Mini is aimed at folk after a point-and- …
Tony Smith, 30 Jun 2011
Olympus PEN E-PL2

Olympus PEN E-PL2 Micro Four-Thirds camera

Review When the original Olympus PEN E-P1 came out in 2009 it arguably marked the start of a revolution. Its mirrorless design meant that it was far smaller than a DSLR, yet its relatively large sensor meant it took considerably better quality images than compact cameras; besides that, its retro Japanese styling also made it a far more …
The Register breaking news

Olympus fires off seven shooters

CES 2011 Olympus has announced seven cameras at the Consumer Electronics Show (CES), with a new addition to the PEN range of micro four-thirds cameras at the top of the pile. Olympus PEN E-PL2 Olympus PEN E-PL2 with PENPal Bluetooth adapter The Olympus PEN E-PL2 is an interchangeable lens camera, featuring a new kit lens designed …
Bob Dormon, 6 Jan 2011

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