2012, Last Year Kodak Make Camera, Why?

Kodak, the legendary company that engages in photography and film, the camera will stop production in order to maintain their other business units.

Before the end of September 2012, Kodak will slowly decrease the production of cameras, including compact cameras (Pocket camera) and digital video, and digital picture frames.

Nevertheless, the company’s 133-year-old will continue to cover the existing product warranty and will offer support services to the camera and frame.

After cutting unit camera business, Kodak will rely on income from brand licensing, online retail, photo printing services, home printers, retail kiosks, and print photo lab.

Kodak has filed for bankruptcy protection to the Bankruptcy Court of the United States by using the Chapter 11 Bankruptcy Act. The filing was completed on 18 January.

During the bankruptcy proceedings, Kodak CEO Antonio Perez has said, Kodak has taken significant steps to complete the transformation of the company.

“At that time we’ve created digital business. We also have come out of the traditional operations, closing 13 plants and 130 processing lab, and reduce labor as much as 47 000 since 2003,” he said.

What power, Kodak, which in the past 20 centuries has always been a mainstay for anyone who wants to perpetuate the memory, will soon give up the business of the camera?