Only a rumor. This rumor is fresh dated 12 Nov 2019. We will see.
Over the weekend, an admin on the Personal View forum published the shocking claim that "closure is near" for Olympus' camera division, writing that the
petapixel.com
• MFT small sensor size (hard to compete with APS-C and full frame and larger)
• vast improvement in mobile phone cameras (killing the digital compact lower end market)
may have something to do with the demise.
So Olympus gets squeezed at both ends of the market. It is a business decision not to continue.
If it is reality later on, then got to commend Olympus for a good try in consumer digital imaging.
I still like and keep Maitani designed OM1 MD body. (film camera).
Olympus remains strong in medical scoping.
I did try go shopping for some Olympus digital cameras some time ago. The salesman who was supposed to pitch the sale to me, instead told me not to buy then.
He said Olympus will lelong later on, quite soon. Wow. He told me to go back later and can buy at lower price. But would I want to anymore?
Hmm... maybe. Pricing is everything.
This story is real. Not fiction.
Afternote: Olympus has denied the rumor. Wait and see. Imaging Division comprise 5.5% of consolidated revenue. It is a small slice of the pie.
Even if Imaging Division is bleeding red ink, the other profitable divisions can carry the load. Remember what Thomas Cook said before it suddenly shut down.