News tagged with "kodak"
Kodak is to cut up to 10,000 more jobs, while the company makes the tough transition from film to digital, reports the Altus Times. The announcement coincided with reports of a second quarter loss and shares dropped by more than 2%. The new cuts are expected to affect around 7,000 manufacturing jobs, many in Kodak's home town. Eighteen months ago Kodak announced that it would cut around 15,000 jobs over the next three years. Despite the fact that Kodak will add around 8,000 employees, the workforce will eventually number under 50,000 compared to 86,000 people it employed in 1998.
In further evidence of its commitment to digital, Eastman Kodak has announced plans to accelerate moves into the CMOS image sensor market after news of a manufacturing alliance with IBM. The recently available three and five megapixel CIS devices are intended for mass market products such as camera phones and digital cameras. The KODAK KAC-3100 and KAC-5000 Image Sensors incorporate Kodak PIXELUX technology, which is designed to improve image quality and performance, and offer more features than other CMOS-based image sensors on the market.
Kodak has delayed the launch of the unique Wi-Fi-enabled EasyShare One camera until October, reports the Wall Street Journal. It was originally scheduled for launch in June. A Kodak spokesman said, "Kodak is making significant, innovative advances to create the EasyShare-One camera. We are taking the necessary time to ensure the best-possible customer experience, making certain that all of the new system components interoperate as expected." The four megapixel camera has a tilt-and-swivel, 3-inch touch-screen LCD, that is designed to change the emphasis from 'point and shoot to point and share,' says Kodak.
After all the bad news that has beset Kodak in the last year, things appear to be on the up as the company took the number one slot for sales in US in the first quarter of this year. It shipped 900,000 point and shoot digital cameras, a 41% increase on sales this time last year, according to a market research company. Kodak is followed by second-placed Canon (850,000 units), which recorded a whopping 72% increase, and perennial front-runner Sony was ranked third with sales of 800,000 units. UPDATE: Chief executive Dan Carp will step down as president in June, although he will remain in the post until he retires in January 2006. He will be succeeded by Kodak president Antonio Perez, who joined Kodak in April 2003 after 25 years at HP.
When it comes to women and digital cameras, recent research from imaging industry market research company Lyra reveals that Kodak really pushes their buttons. The Digital Photography survey showed that more than 20% of women use Kodak cameras while only 10% of men choose to use the brand. The most popular camera manufacturer among the male of the species is Canon, with 17% of men using its products, followed by Sony. Lyra's president and director of the Digital Photography Advisory Service, Charles LeCompte, explains the findings: "The explanation is that women in general are less comfortable with technology and therefore are more attracted to trusted brands." So ladies, dump your D-SLRs and pick up an EasyShare!
Kodak has today announced the the worldwide availability of the first products compatible with its one-touch printing system, ImageLink. The Printer Dock Series 3 is currently available bundled with ImageLink-compatible cameras the EasyShare Z740 and EasyShare Z700. The Printer Dock will be on sale as a standalone product from May 2005. The ImageLink Print System is designed to simplify at-home printing and is supported by Konica Minolta, Nikon, Olympus, Pentax, Ricoh, and Sanyo.
PMA 2005: Kodak has today announced two new five megapixel additions to the Z-series, which include the 10x zoom EasyShare Z7590 and EasyShare Z730. The SLR-like Z7590 offers manual and automatic exposure and features a Schneider-Kreuznach Variogon 10x optical zoom lens (38 – 380 mm equiv). The second zoom lens compact offers a 4x optical zoom (33-132 mm equiv), a 2.2-inch LCD and is powered by a lithium battery. Both available in May, the Z7590 will cost £349.99 (approx $546) and Z730 will cost £199.99 (approx $312).