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Unnamed Olympus point and shoot leaks, looks like the XZ-2
Photokina's just around the corner, folks, so it's only natural for a few of the cameras to get leaked before their official debuts in Germany. What you see above is a picture scrounged up by the folks at Digicam info, and it appears to be of the Olympus XZ-2, an update to the company's XZ-1 point and shoot. From the looks of things, the new model largely retains the look of the old, save for a faux leather grip and the addition of a toggle switch of unknown purpose on the front. It also seems that Olympus will be rolling out an underwater case and a molded cowhide cover to go with the camera when it arrives. Folks searching for a closer look at the hardware can find it at the source below, or y'know, wait until we get our hands on it next week.
Olympus expands its point-and-shoot offerings with Stylus VH-410 and VH-515
Olympus has taken the wraps off of two new point-and-shoots, the compact Stylus VH-410 and the "high-performance" Stylus VH-515. The 410 features a 16-megapixel CCD sensor, a touchscreen and 5x optical zoom. It can shoot movies in 1280 x 720, has Dual IS image stabilization and supports Eye-Fi wireless SD cards. It's set to hit the market mid-October. The 515, meanwhile, is dropping in the middle of next month, bringing with it a 12-megapixel, back-illuminated CMOS sensor, 8x optical zoom with Super Resolution and can shoot video in 1920 x 1080. Check out more info on both cameras in the press releases after the break.
Olympus introduces Stylus SP-820UZ, SP-720UZ cameras and SZ-14 binocular bundle
Thought Olympus only made one camera named after a writing implement? Meet the Stylus SP-820UZ, announced alongside the less romantically titled SP-720UZ and the SZ-14 DX bundle. The Stylus (the only one we're expecting to see in the US) comes with a 14-megapixel CMOS tied to the same image engine you'll find inside the company's desirable PEN series. It's ideal for crazy cat people, since it comes with a Pet-face detection mode to ensure your hilarious cheezburger submissions are perfectly focused, and it's even got a series of magic filters to jazz 'em up further. The snapper uses AA batteries (a genius or insane move, depending on how cheaply you can pick 'em up at the store) and will arrive in September. Meanwhile, the SP-720UZ includes a 26x optical lens perched in front of a 14-megapixel sensor with HDR backlit correction and high-speed shooting. The company's also outing the "Big Telephoto Set," combining a SZ-14 compact camera with a pair of binoculars for those who want to drag along a spotter. Both sets will be available in August, though Olympus has only confirmed US availability for the 820UZ, which is expected to retail for $330 in silver and black.
Olympus Stylus TG-625 Tough adds AF light for tricky shots in rough situations
It's been awhile since we've seen Olympus tackle the more affordable side of its rugged camera lineup, which makes its latest entry feel overdue. The Stylus TG-625 Tough effectively replaces the TG-620 by adding something that's been commonplace in the camera world: an autofocus illuminator light to improve focusing at night or, more likely with this camera, when it's plunged 16 feet underwater. Outside of a new double-lock system, though, you're looking at the hardware that has defined most of Olympus' rugged line this year, including a 12-megapixel backside-illuminated CMOS sensor, a 28-140mm equivalent lens, 1080p movie making and a 3-inch LCD. The Japanese should get the TG-625 the soonest, on August 31st. There's no word on whether or not there's an upgrade on the way for the US, although we can picture it slotting into the American lineup without much trouble.
Olympus confirms new high-end Four Thirds DSLR 'currently under study' following vague Facebook post
Visitors to Olympus' UK Facebook page were met with some "BREAKING NEWS!!" on Friday. According to the post, the camera maker is developing a new DSLR that would theoretically offer focusing performance on par with the OM-D, while providing native compatibility with the company's high-end Zuiko Digital ED lenses, such as the 90-250mm f/2.8. We reached out to Olympus reps in the US, who added the following: "A new camera body is currently under study to complement our line of Zuiko Digital Specific Four Thirds lenses. However, Olympus has NOT issued a press release on this new camera body." With Photokina just a month away, it's unclear whether or not this new mystery DSLR will make its debut there, but it's certainly a possibility. As for looks -- that's anyone's guess, though the company's social media arm opted to include a picture of the E-5, which serves as Olympus' current full-size flagship. You'll find the full Facebook post at the source link below.
Engadget's back to school guide 2012: digital cameras
Welcome to Engadget's back to school guide! The end of summer vacation isn't nearly as much fun as the weeks that come before, but a chance to update your tech tools likely helps to ease the pain. Today, we've got our optical viewfinders set firmly on digital cameras -- and you can head to the back to school hub to see the rest of the product guides as they're added throughout the month. Be sure to keep checking back -- at the end of the month we'll be giving away a ton of the gear featured in our guides -- and hit up the hub page right here! Your smartphone can take pictures, you say? Well, sure it can, but try snapping away at a frat party -- you're likely to walk away with a blurry mess. Your Facebook friends and future employers deserve an accurate account of those glory days, and you'll need a proper snapper to get the job done. College is as good a time as any to learn responsibility, but don't expect to walk out of the experience with all your gear unscathed. To that end, freshmen should look long and hard at our point-and-shoot picks, which include models that you won't be afraid to toss around, or drop in the jungle juice. After that come the mirrorless ILCs, which should satisfy the more advanced photogs in the bunch, followed by our digital SLR picks, which, sadly, may be out of reach of all but photography majors and deep-pocketed private school types. Finally, you'll have yet another opportunity to enter our fantastic giveaway at the bottom of the page, just after the break.
Olympus hangs $57 million loss on austerity, strong yen and declining compact camera market
Olympus is reporting a $56.7 million loss for its first quarter of 2012. While its coveted medical imaging arm remains profitable, its life-science and industrial unit suffered thanks to corporate belt-tightening. Unsurprisingly, its low-end compact camera market is shrinking, but sales of its OM-D E-M5 ILC increased by 50 percent, offsetting some of the losses and reducing operating losses from $89 million last quarter to $19 million in this one. Like many of its Japanese rivals, it's also found a strong yen has stifled its return to productivity, a trend that isn't likely to change soon.
Kipon preps Canon EF lens adapters for Micro Four Thirds, NEX cameras with electronic control
Adapters to fit Canon's EF lenses on Micro Four Thirds and NEX camera bodies most definitely aren't new. Without any electronic link, though, that Lumix GX1 or NEX-F3 owner has had to focus by hand, sometimes without any aperture control -- what year is it, 1930? Kipon wants to make sure you'll never have to stoop to that level again through a pair of new adapters that keep the electronic controls working. As always with these parts, there's likely to be catches: we don't know the prices and ship dates, for one, and lens conversion can still hurt the autofocus speed. Even so, anyone who's been hoarding (or simply envious of) Canon glass now doesn't have to eye an EOS-M just to get a mirrorless camera with the lens adapter they crave.
Olympus outs firmware update for OM-D E-M5 camera, sleep mode and AF improvements in tow
As is often the case with nearly every itty-bitty software update, the goal's usually to alleviate any problem regardless of how minor it is, and sometimes even bring a couple of enhancements with it. Well, such is the fact behind Olympus' latest firmware refresh for that sleek E-M5 Micro Four Thirds shooter. That's not to belittle the goods, however, as v1.2 does pack a couple of welcomed changes, including an improved "sleep recovery operation" and the addition of an autofocus tracking point to use while in the camera's Sequential L setting. The firmware bundle is up for download now, which you can get at the source link below along with the full instructions on how to install it on your precious OM-D.
Olympus announces MEG4.0 wearable display prototype, skips the skydive
While Google may have grabbed headlines for its recent wearable tech stunt, Olympus is doggedly forging ahead with its own similar prototypes, seven years on. Unlike Project Glass, the MEG4.0 isn't a standalone structure and needs a glasses frame to hang on, although the sub-30g unit shouldn't tax it too much. The QVGA (320 x 240) display can connect to devices through Bluetooth 2.1, with Olympus pointing to a smartphone hook-up to provide both the processing power and internet connectivity -- which sounds different to what we're expecting from Google's effort. The current prototype can squeeze out eight hours of intermittent use, or two hours of non-stop projection. While the device is being pitched at everyday users, Olympus isn't offering any suggestions of launch dates or pricing, but you can check on what the company is willing to share in the (Google-translated) press release below.
Olympus reportedly in final talks for Sony investment
If the recent chapter in Olympus' history was a photo, it'd be a blurry thumb covering the subject's head. But, if reports from Nikkei are correct, it looks like the next one might be a happy family portrait. As suggested earlier this year, Sony is reportedly close to agreeing on a 50 billion yen (about $620 million) investment in the scandalized firm. This would likely give the Japanese electronics giant a 10 percent stake in Olympus, making it the largest single shareholder. This isn't the first time we've seen the troubled camera and optics brand associated with other electronics firms, and with Olympus telling Reuters that "This is not something that we have announced" we'll just have to wait and see exactly how this next frame develops.
Kodak plans to sell off digital imaging patents
Kodak has filed proceedings to enable the bankrupt company to sell off its digital imaging patents. With a looming June 30th deadline in its lending agreement, the fallen camera maker is petitioning the court to approve a closed bids auction at a hearing on July 2nd. The company has broken the haul into two portfolios, one surrounding digital camera technology and the other concerning image analysis, manipulation and tagging. It's been pitching the pair around to various interested parties for the past year, with 20 companies reportedly registering an interest. If all is approved, the auction will be held in early August, with the winning bidder to be informed on the 13th of the month. The only question now is to wonder which industry values the portfolio more: the camera guys, or the cellphone guys. [Image Credit: MercerFilm]
Olympus scales back, shifts focus to turn around fortunes
Beleaguered camera maker Olympus vows to shed around 2,700 jobs and heavily restructure its business following a major accounting scandal. That works out that around seven percent of its total global workforce will be cut, with Olympus also aiming to sell unused property and close its Philippines plant over the next two years. The Japanese manufacture will also refocus on profitable imaging, medical and life-science departments -- presumably fields that would-be suitor Panasonic's also interested in. Update: Or perhaps not.
Panasonic gearing up to offer $635 million bailout to save troubled Olympus (update)
Panasonic is reportedly putting the final touches to a 50 billion yen ($635 million) bailout package to save Olympus. Panasonic will become the largest shareholder of the scandal-ridden camera maker, reeling from a $1.7 billion accounting fraud uncovered last year, with an eye on getting a foothold in Olympus' profitable medical imaging business. It gives us hope that the current range of blockbuster shooters including the OM-D won't be sacrificed in a last-ditch attempt to make the books balance. Update: Outgoing Panasonic president Fumio Ohtsubo has strongly denied the reports, saying that there's no company plan to invest. That clears that up, then.
Olympus to settle with ex-chief exec over misconduct, may involve mountains of cash
As Olympus' recent accounting scandal finally begins to wind down, the guy who blew the whistle on the financial wrongdoings might actually be the one to make out like a bandit. Michael Woodford, former chief executive of the company, has settled out of court with his former employer over his unfair dismissal that occurred just two weeks after his appointment. The settlement still has to be approved by the mostly new board (read: the other guys got arrested), but the Financial Times speculates that it'll result in £10 million ($15.5 million) being awarded to Woodford, or what's left on his contract. Company stock prices are around half of what they stood at before the scandal. Suddenly all those Facebook shares you jumped on don't look so bad.
Olympus creates world's thinnest industrial videoscope, packs HDR (video)
Though its medical brethren are considerably slimmer, at 2.4mm in diameter, Olympus says its iPLEX TX is the most slender industrial videoscope on our big blue marble. Rather than using traditional fiber optics to capture footage reminiscent of comic book print, the iPLEX TX houses a miniature CMOS atop one end of the scope and an HDR image processing technology called WiDER to preserve detail and brighten images. The eagle-eyed scope is also 200 times more resistant to frictional wear than fiberscopes and has over double the slip strength. If you're itching to poke inside impossibly cramped and complex pieces of machinery, jump past the break to catch a glimpse of the video-enabled snake in action from DigInfo.tv.
Olympus adds 75mm f/1.8 portrait lens to Micro Four Thirds lineup
During our first encounter with the OM-D E-M5 in February, Olympus told us to expect several more lenses to launch throughout the year, including a 75mm f/1.8 variant suitable for portraits and a splash- and dust-proof 60mm f/2.8 macro. Well, that first optic will be coming sooner than you may have thought -- it's expected to hit stores this summer with an estimated price tag of $900. The lens offers a 150mm 35mm-equivalent focal length when paired with a Micro Four Thirds camera, and consists of 10 elements in nine groups, including three ED elements that assist with correcting aberrations. Everything else you need to know can be found in the PR after the break.
Olympus Tough TG-1 iHS packs 12-megapixel sensor, f/2.0 lens, ruggedized housing for $399
Ruggedized cameras have always been delivered with some kind of compromise -- an inflated price tag, bulkier body or sub-par image quality. Now, much as the E-M5 did to tighten the gap among mirrorless cameras, Olympus is introducing a full-featured pro-worthy Tough model. The Tough TG-1 is effectively an XZ-1 in a ruggedized shell -- its 12-megapixel 1/2.3-inch BSI CMOS sensor, 25-100mm, f/2.0-4.9 4x zoom lens and 3-inch 610k OLED display are all wrapped in a reinforced body, capable of flawless shooting at depths of 40 feet, in temperatures as low as -10 degrees Celsius (14 degrees Fahrenheit) and after a 6.6-foot fall. With the TG-1, the company is aiming for the pro's gear bag, bringing features like 30 fps full-res rapid-fire shooting (for 50 consecutive shots, or 220 in a 3-megapixel 60 fps mode), the same TruPic VI image processor previously available only on current-gen PEN models and super-fast E-P3-like focusing speeds to an affordable, pocketable compact. The TG-1 is also a capable video shooter, offering 1080/30p captures on land and under the sea, with Linear PCM audio recording and a powerful Multi-Motion Movie image stabilization feature. A shutter range from bulb to 1/2000 second boosts versatility, while tools like GPS, an e-compass and pressure-measuring manometer combine to provide data-rich pictures while also aiding in-camera tools, like a compass with 3D renders and a power-efficient GPS that helps to identify more than 700,000 landmarks around the globe. It's hardly approaching ILC territory, but the camera includes some lens accessory compatibility, with an available conversion adapter with fisheye and telephoto attachments that work (and can be swapped in and out) underwater. Double-locking battery and HDMI port doors will keep dust and water away from compartments, and a repellant coating helps fight water build-up on the lens -- there's 40.5mm filter compatibility as well. The Olympus Tough TG-1 is set to ship for $399 in mid-to-late June, and we're fairly certain it will be worth the wait. Full PR is just past the break.
Olympus TG-1 iHS Tough leaks out at Best Buy, brings OLED to the rugged camera party
Looks like Olympus won't be waiting long to follow up on its 2012 Tough camera updates: Best Buy accidentally posted details of the TG-1 iHS Tough. Although it's since been taken down, the store listing showed that Olympus will be bringing a 3-inch, 610,000-pixel OLED display to the mix, making a preview of your scuba diving photos that much prettier. It shares the 12.3-megapixel CMOS sensor and 1080p movie making of the TG-820 iHS, with waterproofing now good for up to 40 feet. Olympus is, however, making a trade-off, where photogs get a shorter 4X optical zoom in return for a much wider f/2.0 aperture that will get those fish in focus. There's no word on when the TG-1 will ship, but Best Buy was showing a $400 price tag before the store took down its inadvertent sneak peek.
Olympus OM-D E-M5 Micro Four Thirds camera review
More Info Olympus OM-D E-M5 Micro Four Thirds camera preview (video) Cameras, Olympus OM-D E-M5 five-axis sensor-shift image stabilization hands-on (video) Olympus OM-D E-M5 Micro Four Thirds camera to ship on March 31st? (update: now April) Stepping across the great DSLR divide into the land of mirrorless cameras always requires some compromise. Focusing speed, image quality, lens compatibility and battery life are frequent casualties, but for everyone except professional shooters, the size and cost benefits of swapping a full-grown beast for a compact ILC surely help soften the blow. The latest Micro Four Thirds model from Olympus, the OM-D E-M5, adds functionality that expand that list of betterments even further, allowing more versatility than larger DSLRs have to offer. These perks include a water-resistant design, for starters, along with a nifty lens that offers macro shooting and both manual- and powered-zoom in one compact package. One area where the 16-megapixel E-M5 does match the footprint of its full-size brethren is in price: you'll drop a cool grand for the body alone, while the 12-50mm f/3.5-6.3 lens kit will bump that tag up another $300. Make no mistake, the E-M5 is a fantastic camera, but $1,300 is mighty steep for any mirrorless model, especially one with a Micro Four Thirds sensor. This, however, is no ordinary MFT camera. As the first model in Olympus's OM-D line -- taking design cues from the company's popular line of OM film cameras -- the E-M5 is in a class of its own, at least as far as Olympus's portfolio is concerned. Besides physical appearance, perhaps, the most notable selling point is its focus speed: press the shutter release, and your subject comes into clarity with rapid-fire precision, whether you're shooting in bright sunlight or a dark restaurant. But though the E-M5 has already received accolades for its powerful focusing, you might be wondering how the whole package performs. Meet us past the break to find out.
