Olympus poised to supply lens parts to Sony (update 29 May)

Olympus is set to supply lens parts to Sony as part of a £400m tie-up announced last year.

Olympus has previously indicated that the alliance, announced in September 2012, would mean the companies working together.

[NEWS UPDATE 29 MAY: Olympus remains tight-lipped on whether it will supply lens parts for Sony compact system cameras, as well as fixed-lens compacts, after Amateur Photographer sought clarification from Olympus Japan yesterday. An Olympus Japan spokesperson said the firm will not disclose such information]

Sony already supplies imaging sensors to Olympus, a collaboration that is set to expand.

Asked whether - in light of restructuring plans announced on 15 May - the alliance will mean the companies working on the development of compact system cameras as well as fixed-lens compacts, an Olympus Tokyo spokesperson said yesterday: ‘In the imaging business, the mutual parts supply has been partially started between Sony and Olympus...

‘The imaging sensor has already started to source from Sony to Olympus. And the lens [parts] and lens units will start to source from Olympus to Sony.'

Speaking last year, Olympus president Hiroyuki Sasa said the tie-up would give Olympus 'greater business synergy in the core business domains of medical and imaging'.

He added: ‘In the field of digital cameras, we will seek to achieve collaboration in a manner that further improves the competitiveness of the two companies.'

The deal meant Sony Corporation became the largest shareholder in Olympus, giving it nearly 35 million shares and 11.46% of overall voting rights.

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