After previously filing for bankruptcy protection, Kodak has now announced that it will cease making cameras (Photo: Gizmag)
After making and selling cameras for over 120 years, the Eastman Kodak Company announced yesterday that it plans to stop producing its “dedicated capture devices” – in other words, its digital cameras, pocket video cameras, and digital picture frames. The company plans on phasing out the products throughout the first half of this year. This news doesn’t come as a surprise, as Kodak filed for Chapter 11 bankruptcy protection just last month, at which time it announced that it would be undergoing a “reorganization” in order to focus on its most valuable business lines.
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