Kodak said it will stop making digital cameras, pocket video cameras and digital picture frames in order to focus on more profitable products, reports the Associated Press. The move isn’t surprising, as the company is slowly emerging from last month’s Chapter 11 bankruptcy filing. “Our goal is to maximize value for stakeholders, including our employees, retirees, creditors, and pension trustees,” Kodak said in a press release. The company’s digital camera and picture frame products will be phased out during the first of half of the year as Kodak instead focuses on photo printing and desktop inkjet printers. The company will continue to honor warranties and provide technical support for discontinued products, and the move is expected to result in annual savings of more than $100 million.
Kodak to stop making digital cameras as struggles continue
Updated Dec 19th, 2018 7:46PM EST
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Dan joins the BGR team as the Android Editor, covering all things relating to Google’s premiere operating system. His work has appeared on Fox News, Fox Business and Yahoo News, among other publications. When he isn’t testing the latest devices or apps, he can be found enjoying the sights and sounds of New York City.
