Archived posting to the Leica Users Group, 2006/08/04
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]Doesn't sound good when a company as skilled as Kodak decides to offshore manufacturing of their digital cameras. If the trend continues, they'll become a development company at best with paper and film on the side. Richard Clompus Ponte Vedra Beach, FL On Aug 1, 2006, at 1:33 PM, Phong wrote: > Bloomberg also reports that Kodak will stop making digital cameras: > > "Kodak also said it will stop making digital cameras and signed a > contract with Singapore-based Flextronics International Ltd. to > take over production." > > > http://www.bloomberg.com/apps/news? > pid=20601103&sid=a8XqSX53mT3M&refer=us > > - Phong > > > -----Original Message----- >> From: "B.D. Colen" <bd_colen@harvard.edu> >> Sent: Aug 1, 2006 11:44 AM >> To: Leica Users Group <lug@leica-users.org> >> Subject: [Leica] Kodak lays off 2000 >> >> And in the Wash Post story... >> "A photographic film icon during much of the 20th century, Kodak has >> struggled to turn profits even while becoming a major player in >> recent years >> in the digital arena. >> >> Its overall digital sales in the quarter rose 6 percent to $1.83 >> billion, >> while revenues from film, paper and other traditional, chemical-based >> businesses slumped 22 percent to $1.52 billion. >> >> Profits from its digital businesses totaled $4 million, compared >> with a $25 >> million loss in last year's second quarter. In 2005, for the first >> time, >> Kodak generated more annual sales from digital imaging than from >> film-based >> photography and earned $161 million in digital profits." > > > > > _______________________________________________ > Leica Users Group. > See http://leica-users.org/mailman/listinfo/lug for more information