Kodak Getting Out of Camera Business

Kodak Building in Rochester, NY

Eastman Kodak Company announced today that they are phasing out their digital cameras, pocket video cameras and digital picture frames effective in the first half of 2012. Long known for as pioneers in the camera business, Kodak now plans to focus on expanding its current brand licensing program and will continue making inkjet printers. It will also still provide their online Kodak Gallery service and retail-based photo printing. In January 2012, Eastman Kodak filed for Chapter 11 bankruptcy protection.

via CNET

photo by Viktor Nagornyy

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