Kodak grows out of the low-end digicam business?|
(Friday, May 25, 2007 - 07:58 EDT)
A recent blog item posted by C|NET reports that Kodak is considering scaling back its participation in the low-end digicam marketplace.
According to the item, authored by Candace Lombardi and posted on C|Net's "Crave" blog site, Kodak's president Antonio Perez stated the company's plans at the JPMorgan Technology Conference in Boston, MA. Perez reportedly noted that Kodak isn't making much money in the field, and although he went on to suggest that the company might be able to help profits by use of its own CMOS image sensors, he's also quoted as stating that Kodak will "be abandoning the low-end" of the digicam business.
The Crave item also reports that Kodak will release a five megapixel digicam featuring a Kodak-developed CMOS chip in time for the 2007 holiday season, to be followed by Motorola / Kodak camera phones using the same chip shortly thereafter.
More details can be found in the Crave blog...