Apr 4, 2012, 06:55
More news on this - looks like the huge financial impact of the scandal is driving Olympus to pare down its unprofitable digital camera business, to return it to profitability.
http://www.japantimes.co.jp/text/nb20120404a4.html
http://www.japantimes.co.jp/text/nb20120404a4.html
Quote: Scandal-hit Olympus Corp. will reduce its lineup of digital camera products in an effort to return its loss-making camera division to profitability, said Hiroyuki Sasa, who is expected to become the firm's next president.
"We would like to narrow down our portfolio," he said, suggesting the possibility of withdrawing some types of inexpensive compact digital cameras amid intense price competition."