Kodak have announced that they are to stop manufacturing cameras digital cameras, pocket video cameras and digital picture frames in the first half of this year in order to cut costs following their bankruptcy protection filing.
Despite inventing the digital camera, Kodak have been forced into the move after noting that it will save them somewhere in the region of $100 million dollars. On top of their long list of patent sales, it’s hoped the move will save the iconic brand.
“Today we announced that Kodak is phasing out digital cams [sic], video cams & digital frames in 2012,” read updates from the Kodak UK Twitter feed.
“Kodak will continue to honour all warranties and provide support as we phase out dig & vid cams and frames.
“Kodak will focus consumer biz [sic] on inkjet, online and retail printing.”
Kodak’s new focus will be on their printer business. We had a look at their Hero 9.1 All-in-one (pictured above) at the back end of last year and came away impressed.