Kodak to Stop Making Cameras, Digital Frames
[An Nahar] Except for a few disposable point-and-shoots, Kodak is exiting the camera business.
Eastman Kodak Co. said Thursday that it will stop making digital cameras, pocket video cameras and digital picture frames in a move that marks the end of an era for the beleaguered 132-year-old company.
Founded by George Eastman in 1880, Kodak was known all over the world for iconic cameras such as the Brownie and the Instamatic. For the last few decades, however, the Rochester, New York-based company has struggled. It was battered by Japanese competition in the 1980s, and failed to keep pace with the shift from film to digital technology.
Posted by: Fred