The scandal-hit Olympus is planning to cut some 7 percent of its total workforce or 2,500 jobs in total, Nikkei reports. The company is planning to restructures...

Olympus has announced the Tough TG-1 iHS, high-end rugged, waterproof compact camera this morning. Talking about the camera specification, it seems like...

Finally the long wait is over for all those who are waiting for Olympus OM-D E-M5, as according to tipsters at 43rumors, the 16.1-megapixel Micro Four Thirds camera has shipped to pre-order customers in the US, UK, Canada and Germany.  The camera was originally set to launch on March 31st in Japan, but finally it is making wave after delay. The specs, which includes...

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...

The scandal-hit Olympus is finally seems to be somehow on the track as the company might be in an urge of getting some strong and powerful partnership deals on the chart from some strongest companies in the world. German publication Der Spiegel is reporting that at least three companies are bidding to form partnerships with the camera-maker who is in the bad pitch since...

Japan’s scandal-hit Olympus has promoted Akihiro Nambu, who headed the investor relations division at the endoscope and camera maker to its top financial role. The decision comes in light just a few months after the company’s largest shareholders called for him to resign from a post over the accounting fraud. Nambu was also a director at a British medical equipment...

The scandal-hit Japanese Olympus still somewhere in the middle to recovered from the huge accounting scandal but there is still something good to happen...

The scandal-hit Olympus which last month nominated a former banker from Olympus main lender Sumitomo Mitsui Banking Corp as a chairman, a group of shareholders,...

Olympus which earlier confirmed that it’s suing its own president, Shuichi Takayama and 18 other previous and current executives over the accounting fraud to conceal their $1.7 billion in losses over which the current board members have agreed to resign, allowing the investors of company to vote on new management, Tokyo prosecutors charged ex-chairman Tsuyoshi Kikukawa,...

Japan’s Olympus in lieu of its efforts to recover from a $1.7 billion accounting fraud, is expected to unveil a new board of directors as early as on...