Kodak to Stop Making Digital Cameras
|First, the company watched demand for traditional photographic film collapse. It stopped manufacturing film cameras in 2004 and made its final roll of 35mm colour film in 2009.
It also saw smartphones eat into the lower end of the digital camera market. Just six years ago, Kodak was one of the three leading digital camera makers in the world.
Kodak’s chief executive and chairman Antonio Perez has reportedly decided that the company’s future lies in the digital printer business.