Samsung is "open to the possibility" of making an alliance with troubled camera-maker Olympus

Samsung is "open to the possibility" of making an alliance with troubled camera-maker Olympus
The troubled Olympus has been shaken by corruption scandals last year, but is not giving up without a fight, trying to partner with many companies, which include stalwarts like Panasonic, Sony and Samsung.

An insider from Samsung has commented that "We are open to the possibility of an alliance with Olympus", but a spokesperson said the Koreans haven't received any concrete offer for an equity tie-up by Olympus yet.

Such an alliance with Olympus will eventually improve on Sammy's camera business, while hopefully the Japanese know-how about quality optics and sensors would also trickle down to the high-end smartphones that are to come from Samsung in the future.

source: Reuters

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