Friday, February 10, 2012
Posted by Lee Yuan Sheng in "Digital Home News" @ 09:16 AM
"Kodak has announced that it is ceasing production of digital cameras, pocket video cameras and digital picture frames."
Kodak has been a real mess for the past 20 years, with management trying to keep a hold on a lucrative but dwindling core business. As Kodak exits a market it never really could compete in against the Japanese, I wonder what the post-bankruptcy future it has? Paper? More film? Licensing the name is only going to go so far without some innovations from the parent company. In the end, I think this pretty much confirms Kodak as a has-been.