Yesterday we reported that the scandal-hit Olympus may are in the form of getting support from three companies: Sony, Fujifilm, Terumo in the form of partnership. Today 43Rumors reports that the upcoming new Olympus CEO Hiroyuki Sasa during an interview with JapanTimes confirmed the partnership new but also underlines the possibility that Olympus may be able to handle...
Tag Archives: Camera
Kodak which in the wake of its bankruptcy filing has made pioneering investments in digital and materials deposition technologies in recent years, generating approximately 75% of its revenue from digital businesses in 2011. Kodak has obtained a fully-committed, $950 million debtor-in-possession credit facility with an 18-month maturity from Citigroup to enhance liquidity...
Canon today announced its earnings report for the fourth quarter of 2011. Net sales for the quarter reached ¥964.8 billion (about $12.6 billion), up from the ¥916 billion the company reported last quarter, but down about 9.7 percent from Q4 2010. Quarterly operating profit, meanwhile, rose 14.2 percent on the year, to ¥94.6 billion ($1.2 billion). Profit for the full...