News tagged with "olympus"
Alongside its E-M5 enthusiast-class mirrorless camera, Olympus has launched the M.Zuiko Digital ED 75mm F1.8 and M.Zuiko Digital 60mm F2.8 Macro lens to its Micro Four Thirds lineup. It's also announced the FL-600R the latest in its range of wireless-compatible flashguns and its first to feature an LED continuous lamp for video work. The 75mm lens is a higher-end portrait lens than the existing 45mm F1.8 we rather like, and features the same solid build-quality as the premium 12mm F2.0. Meanwhile the 60mm Macro offers true 1:1 magnification and is weather-sealed to match the E-M5.
Olympus has launched the SZ-31MR iHS, a 24x superzoom featuring the company's iHS intelligent high-sensitivity / high-speed technology. This stems from its use of a 16MP back-lit CMOS sensor that allows high-speed capture and 1080p Full HD video capture. The camera features a 25-600mm equivalent zoom lens and twin TruePic V processors and a high-res 920k dot touchscreen.
Olympus has updated its rugged offerings with the TG-820 iHS. It's based on a 12MP back-lit CMOS sensor, which allows it to keep up with the recent trend of Full HD-capable underwater cameras. The back-lit sensor has prompted the company to apply its 'iHS' branding, indicating 'Intelligent High-Sensitivity and High Speed' capabilities.
Tamron and Tokina have joined the Micro Four Thirds group, meaning all three major third-party lens makers are likely to produce optics for the system. No further details of their intentions have been given. The announcement comes just after Sigma announced its first lenses for both Sony's E-mount and Micro Four Thirds - both lenses that we think make more sense on APS-C than the Micro Four Thirds format. It will be interesting to see whether Tamron and Kenko Tokina develop lenses specifically for the smaller format. Meanwhile high-end video manufacturer Astrodesign has also joined the consortium, and released a Micro Four Thirds mount 4K video camera head.
Kyodo News International, a Japanese news service, is reporting that Olympus will introduce a 16MP camera based on its classic OM series. The news would tie-in with a recent Olympus press advert in the UK that highlighted the letters 'O' and 'M' in the text. The report suggests such a camera would sell for over ¥100,000 (around $1300) and feature 'high-speed autofocus and image stabilization functionality.' Meanwhile, Japanese financial newspaper Nikkei is reporting that Sony is considering investing in Olympus and forming a business alliance. Fujifilm which, like Olympus, has extensive medical interests is also rumored to be interested.
Olympus has issued updated firmware for its latest PEN models to better cope with the recently launched Micro Four Thirds power zoom lenses. Firmware v1.2 is supposed to result in a more accurate display of focal length on the camera display, in EXIF data and in playback. Firmware can be downloaded either via the Olympus camera software or by using the 'Digital Camera Updater' utility downloaded from the company's website.
Pre-CES: Olympus has released the VR-340, an affordable 10x compact superzoom. It features a 24-240mm equivalent zoom and stands out from most of today's other Olympus announcements by being based around a 16MP, stabilized CCD sensor. It also offers a very respectable 460k dot LCD despite its recommended selling price of $149.
Pre-CES: Olympus has unveiled the SZ-12, a 24x compact superzoom camera. The camera is based around an image-stabilized 14MP sensor and adds a 25-600mm equivalent zoom lens. Like the other releases it includes the company's Magic Art Filters, but it also features a well-specified 460k dot 3.0" LCD. The SZ-12 will sell for around $199 from March 2012.
Pre-CES: Olympus has announced the SP-620UZ, the latest in its long-running 'ultrazoom' series of cameras. The SP-620uz has a lens covering a 25-525mm equivalent range, mounted in front of a 16MP stabilized CCD sensor. It features the company's Magic Art Filters and a multi-shot 3D imaging mode for playback on 3D monitors and televisions. The SP-620UZ has a recommended selling price of $199.
Pre-CES: Olympus has revealed the VG-160 affordable style compact. The VG-160 combines a 14 megapixel sensor with a 5x optical zoom covering the 26-130mm equivalent range. It has a 3.0" LCD screen and features the company's iAuto, automatic exposure mode that will identify and use any of the 29 scene modes that it recognizes. It can capture movies at up to 720p quality and includes the company's Magic Art Filter processing options. It will cost around $99.
Pre-CES: Olympus has launched the TG-320, an affordable rugged compact camera with 3.6x zoom lens. The lens covers a range equivalent to a 28-102mm lens on a 35mm film camera. It is waterproof to a depth of 3m (10ft) and is also shockproof, freezeproof and dustproof. It features a 14 megapixel sensor and can capture 720p HD movies underwater.
Former CEO Michael Woodford has issued a statement saying he will no longer seek to regain his position in the company. Woodford was removed by the company when he uncovered a financial cover-up aimed at hiding loses of over $1bn. He has subsequently campaigned to have the company's existing management board removed but has given up on the fight, having failed to win similar levels of support from Japanese shareholders as he received from overseas investors.
Offices and homes of executives connected to the Olympus accounting scandal have been raided by Japanese police. The move comes after a report commissioned by the company showed that losses of $1.7bn had been concealed for over a decade. However, the company did successfully file its amended accounts by the December 14th deadline imposed by the Japanese stock exchange to avoid being delisted. These restated accounts showed significantly reduced assets, and the company is now rumored to be planning to issue more shares in an attempt to raise money.
Olympus has announced a weather-sealed 12-50mm F3.5-6.3 motor zoom lens with macro capabilities. The M.ZUIKO DIGITAL ED 12-50mm F3.5-6.3 EZ covers the 24-100mm equivalent range and is optimized for video capture. It offers multi-speed powered zooming with a manual zoom option. It also has an AF-hold button (marked as L-Fn) that suspends AF to avoid re-focusing on the wrong object. It is the first Micro Four Thirds lens to feature the same level of sealing as the company's high-end SHG lenses for Four Thirds DSLRs.
Legal action should be taken against the responsible members of a board of directors that was 'rotten to the core,' says the independant report into financial irregularities at Olympus. The report confirms the use of an elaborate scheme to move around $1.7 billion investment losses from the 1990s off the company's balance sheet. Those losses were then disguised as excessive transaction fees when Olympus bought other companies, and in write-downs on the value of newly purchased assets.
Olympus' former CEO Michael Woodford has resigned his position as director of the company and called for a shareholder meeting to dismiss the rest of the board. The company's share price had started to recover some of the 88% value it had lost in the weeks since Woodford was removed as CEO for highlighting unusual payments by the company (he remained a director). Since then the company has admitted using these payments to cover up losses on earlier investments. An independent committee established by the company has reported it has found no evidence of the rumored involvement of organized crime syndicates in the deals. However, three board members, including the President and Vice-President have resigned over the issue. (via Reuters)
We've just published our review of the Olympus E-PM1: the PEN Mini. The Mini is the least expensive, and most compact-camera-user orientated, Micro Four Thirds model yet released. It's built around the long-serving 12MP sensor but includes the latest, impressively fast AF system from the most recent PENS. In keeping with its point-and-shoot ethos, the PEN Mini features few external controls, yet has extensive customization if you want a camera to grow into. Does this result in a model with broad appeal or a camera with an identity crisis? Read our review to find out.
Olympus's woes have deepened after the Tokyo Stock Exchange placed its shares 'under supervision' and warned of possible delisting. The news follows the admission that senior executives colluded for decades to hide investment losses from the market, and a subsequent statement from Olympus that it would not be able to submit its quarterly earnings report on schedule. The TSE has warned that the company will be delisted if the report is not submitted by 14th December, prompting a further fall in its shares which have now lost almost two-thirds of their value over the past month.
Olympus has dismissed its executive vice president after admitting concealing losses on investments. In the most serious revelation since the departure of former chief executive Michael Woodford, the company said that funds from previous acquisitions had been used to hide losses on securities investments since the 1990s. The news saw Olympus shares fall in value by up to 30% during Tuesday's trading.