Update: the XZ-1 is now official!

There are rumors that Olympus will unveil the XZ-1 pocket camera at CES 2011. It will be the first Olympus camera to have an OLED display (a 3" one). Other features include a 10mp sensor and 28-112mm f/1.8-2.5 lens.

This won't be first Olympus OLED product, actually. Back in 2005 Olympus announced a series of MP3 players with PMOLED displays.

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