On the heels of Kodak's recent CMOS sensor development, according to a report by CNET Kodak President Antonio Perez speaking at the JPMorgan Technology Conference revealed that the company "wasn't making much money" in the low-end digicam segment and has decided to pull out of it. Mr. Perez also revealed that the company had developed its own five megapixel CMOS sensor which would make its way into a future Kodak digital camera and Motorola cellular phones. It is not clear what the overall scope of this decision is in regard to how many cameras will be discontinued, but given the current atmosphere of competition within the digicam market, this move by Kodak comes as no surprise.
Thursday, May 24, 2007
Kodak Pulls Out Of Low-End Digicam Market
On the heels of Kodak's recent CMOS sensor development, according to a report by CNET Kodak President Antonio Perez speaking at the JPMorgan Technology Conference revealed that the company "wasn't making much money" in the low-end digicam segment and has decided to pull out of it. Mr. Perez also revealed that the company had developed its own five megapixel CMOS sensor which would make its way into a future Kodak digital camera and Motorola cellular phones. It is not clear what the overall scope of this decision is in regard to how many cameras will be discontinued, but given the current atmosphere of competition within the digicam market, this move by Kodak comes as no surprise.
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