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Dennis Hissink : 2004-10-06 00:00:01
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Eastman Kodak Company today announced changes at manufacturing sites in England and France, reflecting the increasing popularity of digital photography among consumers and customers. The actions are part of Kodak's three-year program, announced in January; to reduce worldwide employment by 12-15,000 and to reduce total facilities square footage by one-third. These actions are part of Kodak's broader strategy to accelerate growth in its digital businesses and to manage smartly the declining demand for some of the company's traditional products and services. "Such actions are essential for Kodak to reinforce its leading position in digital imaging products and services while sustaining and extending its worldwide leadership".
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Dennis Hissink : 2004-08-23 08:19:58
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After a slow start, Eastman Kodak Co. is steadily gaining ground on front-runner Sony Corp. in the burgeoning U.S. digital camera market and opening up a lead on Canon, Olympus and other Japanese rivals. As digital cameras grew swiftly in popularity in recent years, Japanese manufacturers looked at first to have eaten Kodak's lunch. But the world's biggest film photography company is making good on its mission to become the No. 1 seller of filmless cameras on its home turf in 2004. In the first six months, Kodak shipped 1.47 million point-and-shoot digital cameras in the United States, 80 percent more than in the first half of 2003 - and its market share jumped from 15.3 percent to 18.3 percent, the market research firm IDC said Friday.
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Dennis Hissink : 2004-06-29 15:52:07
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Digital camera adoption has reached mainstream status with millions of American consumers participating in digital photography. Kodak, the trusted guide in photography for more than a century, is helping educate consumers by offering solutions to their digital printing questions and expanding the availability of KODAK Picture Maker digital print kiosks. According to InfoTrends, approximately 30 percent of U.S. households owned digital cameras in 2003. That number is expected to grow to 41 percent by the end of 2004. Surprisingly, consumers have been hesitant to embrace the final stage of adoption, printing digital pictures, until now. Preservation of memories has begun to play an important role in fueling the demand for digital printing.
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Dennis Hissink : 2004-05-21 03:30:00
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Kodak and Lexar Media announced they have formed a long-term agreement to gain a larger share of the market for removable digital memory products, driven by surging demand from the mass-market adoption of digital cameras, mobile phone cameras, portable music players and other consumer electronics devices. As part of the exclusive multi-year agreement, Lexar Media will manufacture and distribute a full range of KODAK branded memory cards and will work with Kodak to provide consumers with a wide variety of reliable, high quality, mass-market memory cards worldwide. Kodak will contribute to the partnership its brand power and global distribution network, while Lexar Media will contribute removable memory products.
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