Microstock Photography Forum - General > Cameras / Lenses

Olympus Exits Camera Market in Korea

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georgep7:
I meant, mju or simply, μ series. Not limited at all if i may comment as a non photographer.

https://www.google.com/search?q=olympus+mju+ii&prmd=ivsn&sxsrf=ALeKk033lwJgB-nnF11GwVttTexdWKzqHw:1590697548254&source=lnms&tbm=isch&sa=X&ved=2ahUKEwi00LuSstfpAhWnw4sKHQ5aCnkQ_AUoAXoECA4QAQ&biw=1024&bih=600

Uncle Pete:
https://news.yahoo.com/olympus-shutters-camera-business-84-171707609.html

Olympus, once one of the world's biggest camera brands, is selling off that part of its business after 84 years.

The firm said that despite its best efforts, the "extremely severe digital camera market" was no longer profitable.

The arrival of smartphones, which had shrunk the market for separate cameras, was one major factor, it said.

It had recorded losses for the last three years.

PaulieWalnuts:
I think we all knew this was coming when one of their execs slipped mentioning a possible sale. And then backpeddled claiming photo imaging was critical to the company. I think we're going to see more of this with other companies fairly soon. Camera sales were bad already and dropped off a cliff with Covid. Nikon? Pentax?

 It's been clear for a long time phone sales have been destroying the camera industry. I wonder why none of these companies partnered with Apple or Samsung to produce a Nikon, Canon, Olympus, etc branded phone.

Uncle Pete:

--- Quote from: PaulieWalnuts on June 25, 2020, 08:19 ---I think we all knew this was coming when one of their execs slipped mentioning a possible sale. And then backpeddled claiming photo imaging was critical to the company. I think we're going to see more of this with other companies fairly soon. Camera sales were bad already and dropped off a cliff with Covid. Nikon? Pentax?

 It's been clear for a long time phone sales have been destroying the camera industry. I wonder why none of these companies partnered with Apple or Samsung to produce a Nikon, Canon, Olympus, etc branded phone.

--- End quote ---

That too, market is down all over. I still say, Canon (for example) should have a phone in my DSLR that I can upload directly to agencies. I don't need to make calls, just enough that I can use data or WiFi and upload images. And your idea of a phone adapted to a camera or brand of camera that makes an adapter phone, would work. Maybe?

They do advertise Leica lenses on some phones. There are companies making clip on lenses. (not that I'm sure that many of them, are really any good?) I suppose someone has made an adapter for a Nikon or Canon lens that allows it to work on a cell phone, but really? The phone lens would have to look at the real lens. Weakest link theory.

The simple reason the camera market is down is, a phone is good enough for most people, small, acceptable quality, and it's always with us, or most of us. For people who care, it's back to the good old days, when cameras were limited, and expensive. I suspect if any company wants to keep making stand alone cameras, we'll see much less competition, less choices and less development.

The whole premise that the cell phone will replace the DSLR is flawed. The cell phone will replace "the stand alone camera" for most people, but on the high end, we'll still have high quality equipment and demands.

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