Samsung to partner up with Olympus?

A Samsung source has said that the company is open to the possibility of an alliance with rival manufacturer Olympus.
Although Samsung has previously declared it isn't interesting in buying up the Olympus camera business, it is considering a partnership with the company in other areas.
Olympus is currently considering an equity tie-up with five candidate companies which include Sony and Panasonic, according to the Asahi Shimbun newspaper.
Recently, times have been troubled for Olympus, which has been rocked by scandal over the past few weeks. Starting with the dismissal of its CEO Michael Woodford after he tried to probe into accounting discrepancies, years of hidden financial activity has b... »read more

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