Olympus is giving up on cameras

Olympus is giving up on cameras

Olympus has carried out steps to cope with the incredibly extreme digital cam market, due to, among others, quick market shrink triggered by the evolution of mobile phones; Olympus has actually enhanced the expense structure by restructuring the production bases and focusing on high-value-added interchangeable lenses, intending to rectify the earning structure to those that might continue creating earnings even as sales decreases. The sale of Olympus also has implications for the cam world at big. Olympus and Panasonic are the only companies supporting the Micro Four Thirds format, a section playing third-fiddle to APS-C and full-frame systems. Olympus still relies specifically on Micro Four Thirds for its interchangeable lens cameras.

Olympus has actually executed steps to cope with the very extreme digital electronic camera market, due to, among others, fast market shrink caused by the advancement of smartphones; Olympus has actually improved the cost structure by restructuring the production bases and focusing on high-value-added interchangeable lenses, aiming to correct the earning structure to those that might continue generating profit even as sales dwindles. The sale of Olympus likewise has implications for the video camera world at large. Olympus still relies exclusively on Micro Four Thirds for its interchangeable lens cameras.

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