Olympus Corporation has announced the development of the Olympus OM-D E-M1 Mark II Micro Four Thirds camera with a 20.4MP sensor, TruePic VIII image processor, and 5-axis Image Stabilization.

The OM-D E-M1 Mark II sports a the new 20.4 Megapixel Live MOS sensor, high-speed TruePic VIII image processor that is 3.5 times faster than previous processors, and a 121-point all cross-type On-chip Phase Detection AF sensor. It also boasts an 18fps high-speed sequential shooting in AF/AE tracking and better AF performance thanks to its DUAL FAST AF which allows the camera to set optimal contrast AF and On-chip Phase Detection AF.
https://www.youtube.com/watch?v=V5LXNHnbOew
Other features include an advanced in-body 5-axis Image Stabilization and Electronic Stabilization, dual-memory card slots, higher battery capacity comapred to its predecessor, and a dustproof, splashproof and freezeproof body.
Pricing and availability are yet to be announced.
source: Olympus

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