Manufacture of photographic equipment

company Eastman Kodak Co, which created a portable camera and let the world see the first pictures of the moon plans to cease production of digital cameras and digital video cameras, pocket video cameras and digital picture frames in the first half of 2012 to cut costs. At the same time, the company will supplement its package licenses as part of the licensing of brand and store operations in the field of equipment for the printing, according to Reuters. For the liquidation of the above production will be approximately $ 30 million. Recall that in January the company announced bankruptcy by filing an application for protection from creditors. Once Kodak was the leader of the industry, but the company could not quickly adapt to more modern technologies. The company was founded by George Eastman in 1880 in New York to create the photographic plates.

Source: focus.ua/tech/218671/