Economy
Related: About this forumKodak exits digital camera market (BBC)
Eastman Kodak, whose name became synonymous with photography, is to stop making digital cameras.
The 133-year-old company said it would also end production of video cameras and digital picture frames.
Kodak said it would concentrate on more profitable divisions such as photo printing and desktop inject printers.
The company, which entered bankruptcy protection from its creditors last month, said that the changes should save about $100m (£63m) a year.
Kodak said in a statement that it had been cutting its exposure to loss-making operations for some time.
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more: http://www.bbc.co.uk/news/business-16967171
I guess this is not a big surprise ... I bought tons of Kodak film over the years, but only my first kiddie camera was a Kodak.
JustAnotherGen
(31,828 posts)I grew up in a small town outside of Rochester, lived there for 30 years . . . this is going to directly impact the job of my best friend Anne from high school. I'm just glad she and her partner are getting married so when she loses her health insurance - Samantha can add her to hers. So many people I grew up with are going to be impacted by this - let alone the community at large up there.
frylock
(34,825 posts)i'm deeply saddened as well.
NewImproved Deal
(534 posts)"You push the button and we'll do the rest!"