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Kodak to exit the digital camera market | Digital Camera Resource Page News

Kodak to exit the digital camera market

Date posted: Thursday, February 9, 2012

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Kodak, who recently filed for bankruptcy protection, has announced that they will cease production of digital cameras, pocket video cameras, and digital picture frames in the first half of this year. It's expected to save the company $100 million dollars per year, but the move will result in "significant" job losses in Rochester. Kodak intends to focus on online, retail, and home photo printing, as well as brand licensing. More details can be found in this Reuters article.


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