Kodak intends to phase digital cameras out to cut costs
Kodak announced today that, to cut costs, from the first half of 2012, to stop the production of digital cameras, portable video cameras and digital photo frame.
It would mean a kodak the end of an era. Because of the failure to rapid transformation, support the digital imaging technology, kodak was deemed to be digital era, as one of the largest technology company out.
Kodak has filed for bankruptcy protection last month, the company said on Thursday, withdraw from the business market can cost about $30 million, but each year can save more than $100 million in operating costs.
Kodak Thursday also said the company plans to focus turned to the authorized business to extend brand licensing business. In addition, the company will continue to provide online and retail picture printing business, as well as desktop printer.
In addition to consumer business department, kodak also has a business department, including the enterprise service, drawing, entertainment and business film. Kodak the rest of the consumer service also includes photo printing pavilion and drying laboratory system, kodak in global with more than 100000 photo printing pavilion.
Kodak said, with retail partners have made contact, and its close cooperation to ensure the smooth transition of kodak. As for has sold digital camera, portable video cameras and digital photo frame, kodak says it will continue to perform the product quality assurance commitment, continue to provide technical support and services.