No more Olympus??

[Pegasus]

https://www.bbc.com/news/technology-53165293

[ChrisJC]

Unsurprising. Look at Kodak, and Jessops.
Dead technology.

Chris.

[ZombieCake]

Noooooo!    
I've still got my Olympus SLR film cameras and a bunch of the original Zuiko lenses (which you can get converters for to work on digital).  Their 1970s rangefinders are brilliant - I still use a 35RC, which also has a stunning lens.
Of their modern offerings (of which I might have a few) I think the Pen-F mirrorless is fantastic with their 17mm f1.8 and 45mm f1.8 lenses - great for portraits etc.  Macro stuff pretty good too. And of course there's the tough series...  Incidentally I've actually found their reps to be really nice and helpful people.
Looks like they've been sold to a bunch of vampire asset strippers.  A sad day for photography indeed. 

Here's a bit of modern retro Olympus stuff.  Time to get some more film methinks.

[phizz4]

This would seem to suggest that the production will continue, but not under the direct control of Olympus. Could be a little like Sony taking over Minolta.
https://www.dpreview.com/news/6607157941/olympus-in-agreement-to-sell-imaging-business-by-the-end-of-the-year
I hope so, I've just bought a OMe 5 mk 3 for lots of pennies.

[kay]

Unsurprising. Look at Kodak, and Jessops.
Dead technology.

Chris.

So is there a smartphone equivalent of the Tough, ie waterproof, and with superb macro with focus stacking - for under £400?

[PeteHall]

Not last time I checked, but this really is a niche market and not going to keep a big company afloat.

Perhaps someone should buy up a load of Olympus TG series cameras and trickle them back into the caving market (at a reasonable profit margin) over the next few years.

[Fishes]

I have a reasonably modern iPhone that I use to take snaps and the quality is quite good for that. Its a bit like using an adjustable spanner to rebuild an engine though - it does some jobs reasonably well but if you have the time to choose the right tool it will do it so much better.

[ILT]

So is there a smartphone equivalent of the Tough, ie waterproof, and with superb macro with focus stacking - for under £400?

Whilst the Blackview BV9800 doesn't normally come in as low as low as £400 there is a version without the FLIR camera that does. MiniMe uses his BV9800 in soggy adits rather than use his (non-weatherproofed) dSLR.

[ZombieCake]

Maybe it will be a bit like Ricoh taking over Pentax.  Both brands make excellent cameras and lenses.