Archived posting to the Leica Users Group, 2006/08/04

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Subject: [Leica] Kodak lays off 2000
From: rclompus at mac.com (Richard Clompus)
Date: Fri Aug 4 12:25:23 2006
References: <27484263.1154453610365.JavaMail.root@mswamui-andean.atl.sa.earthlink.net>

Doesn't sound good when a company as skilled as Kodak decides to  
offshore manufacturing of their digital cameras.  If the trend  
continues, they'll become a development company at best with paper  
and film on the side.

Richard Clompus
Ponte Vedra Beach, FL


On Aug 1, 2006, at 1:33 PM, Phong wrote:

> Bloomberg also reports that Kodak will stop making digital cameras:
>
> "Kodak also said it will stop making digital cameras and signed a  
> contract with Singapore-based Flextronics International Ltd. to  
> take over production."
>
>
> http://www.bloomberg.com/apps/news? 
> pid=20601103&sid=a8XqSX53mT3M&refer=us
>
> - Phong
>
>
> -----Original Message-----
>> From: "B.D. Colen" <bd_colen@harvard.edu>
>> Sent: Aug 1, 2006 11:44 AM
>> To: Leica Users Group <lug@leica-users.org>
>> Subject: [Leica] Kodak lays off 2000
>>
>> And in the Wash Post story...
>> "A photographic film icon during much of the 20th century, Kodak has
>> struggled to turn profits even while becoming a major player in  
>> recent years
>> in the digital arena.
>>
>> Its overall digital sales in the quarter rose 6 percent to $1.83  
>> billion,
>> while revenues from film, paper and other traditional, chemical-based
>> businesses slumped 22 percent to $1.52 billion.
>>
>> Profits from its digital businesses totaled $4 million, compared  
>> with a $25
>> million loss in last year's second quarter. In 2005, for the first  
>> time,
>> Kodak generated more annual sales from digital imaging than from  
>> film-based
>> photography and earned $161 million in digital profits."
>
>
>
>
> _______________________________________________
> Leica Users Group.
> See http://leica-users.org/mailman/listinfo/lug for more information


In reply to: Message from phongdoan at mindspring.com (Phong) ([Leica] Kodak lays off 2000)