Why Olympus Is In Serious Trouble (And It Has Nothing To Do With Their Cameras)

Why Olympus Is In Serious Trouble (And It Has Nothing To Do With Their Cameras)

For camera companies, 2011 is a year they’d like to forget — natural disasters have wreaked havoc on Japanese manufacturers and delayed many a product launch. But last summer, Olympus suffered a different kind of catastrophe, one that was man-made, but perhaps much more damaging, and which, if the company goes under, could affect consumers who own Olympus devices, such as cameras, audio recorders, or other products. For instance, it may be difficult to send a device back for repairs or replacement if there’s no company to send it to. [More]