In a move that comes as little surprise, Kodak has officially
announced that it will no longer be pursuing the digital camera market.
Such a decision was in the making, since the company had filed for
bankruptcy earlier this year. The company will phase out all digital
camera sales within the first half of this year.
Kodak is also withdrawing from pocket video cameras and digital
picture frames businesses; however, it will continue to provide support
and honor warranties of products that have, or will be sold before the
company foldout completely from these markets. On the other hand, the
company will continue its other divisions and services that include
retail-based photo kiosk, digital dry lab system, consumer-grade inkjet
printer, Kodak app for Facebook, Kodak Gallery, Kodak camera accessories
and batteries, and also its traditional film capture and photographic
paper business.
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