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Kodak To Stop Making Cameras, Digital Frames

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1992 – Kodak launches a writeable CD that its first customer, MCI, used for producing telephone bills for corporate accounts.

2003 – Launch of Kodak Easyshare printer dock 6000, which produces durable, borderless 4-by-6-inch prints.

2004 – Kodak begins digital makeover, the same year it gets ejected from the 30-stock Dow Jones industrial average. It cuts tens of thousands of jobs as it closes factories and changes businesses.

2008 – Kodak begins mining its patent portfolio, which generates nearly $2 billion in fees over three years.

2010 – Kodak sues Apple Inc. and Research in Motion Ltd. before the U.S. International Trade Commission, claiming the smartphone makers are infringing its 2001 patent for technology that lets a camera preview low resolution versions of a moving image while recording still images at higher resolutions. Global employment falls to 18,800.

July 2011 – Kodak begins shopping around its 1,100 digital-imaging patents.

September 2011 – Kodak hires Jones Day, a law firm that lists bankruptcies and restructuring among its specialties.

December 2011 – Judge extends camera-patent dispute into 2012.

January 2012 – Kodak files for Chapter 11 bankruptcy protection as it seeks to boost its cash position and stay in business.

February 2012 – Kodak says it will stop making digital cameras, pocket video cameras and digital picture frames.

 

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Posted by FanningCommunications on Mar 1st, 2012 and filed under Literature & Electronic. You can follow any responses to this entry through the RSS 2.0. You can leave a response by filling following comment form or trackback to this entry from your site

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