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Eastman Kodak

www.kodak.com

Eastman Kodak and the Bullitt Group announced on Tuesday that the company’s new Kodak EKTRA Smartphone has been released for sale in the United States.

The phone was already released in Europe last December. The phone is being manufactured by UK-based Bullitt Group.

The companies say the U.S. launch coincides with a software update addressing requests from photo-enthusiast consumers, including RAW support, improved auto-focus performance and optimizations to auto-white balance and color saturation.

The device lists at a retail price of $399.99.

Eastman Kodak says it expects to incur restructuring charges of $12 million to $17 million as part of an effort to streamline costs in its Prosper commercial inkjet business.

In a financial filing, Kodak said that $5 million to $7 million of those charges are related to separation benefits.

A spokesperson for Kodak didn’t have details on possible layoffs, but did note that the U.S. operations of the Prosper business are primarily located in Dayton, Ohio.

 

 

Kodak announced Wednesday it will take longer than originally expected to sell its commercial inkjet business called Prosper.

Back in March, the company said that business has a lot of potential, but it would be better served by a company with a larger sales and distribution network.

www.kodak.com

Kodak is coming out with a new smartphone, one that it hopes will capitalize on its reputation for photography.

This is not the first time Kodak has tried marketing a smartphone. There was a Kodak branded phone last year, but the company is trying to make a bigger splash in the marketplace with the new Kodak Ektra Smartphone, trying to focus on people who want a more sophisticated camera with their phone.

The name hearkens back to an iconic Kodak camera, also called Ektra, which was built in the 1940s.

The program Marketplace, which visited Rochester recently to do a story about the city's changing economy, this week spoke to Kodak's CEO.

Listen to the interview Kai Ryssdal did with Jeff Clarke:

Read more about the interview here.

kodak.com

Kodak officials say they are hearing a lot of buzz at this week's Consumer Electronics Show in Las Vegas about their announcement they will be bringing back the Super 8 Camera.  That's a film camera that was put into production 50 years ago, and hasn't been made since the early 1980s.

But the film is still made at the Eastman Business Park, and the company figures demand for it will increase with this new camera that has some of the features of the original, but also incorporates digital capabilities.

Kodak is going back to its film legacy to develop a new product.  It is reviving the famous Super 8 camera and film, which the company says is an initiative aimed at putting the Super 8 movie cameras into the hands of a new generation of filmmakers, as well as meeting the needs of top directors.

The product is being introduced at this week’s Consumer Electronics Show in Las Vegas, with a prototype of a new Kodak Super 8 camera that combines the classic features of that camera along with some digital features.

Kodak Name Will Be Back On Cameras, Under License

Jan 7, 2013
License Some rights reserved by The Shaun Woods / Creative Commons License

Kodak may no longer be making digital cameras but the company has reached an agreement to lend its name to another company’s products.

A multi-year agreement will see the Kodak brand name on various digital cameras, pocket video cameras, and portable projectors made by JK Imaging.

Need To Know Rochester: The Business Section

Dec 14, 2012

Democrat & Chronicle business reporter Matt Daneman talks Kodak, regional economic development, and Bausch & Lomb with Julie Philipp.

MVP Hosts Healthcare Sessions for Kodak Retirees

Nov 13, 2012

Numerous healthcare providers are holding benefit meetings to let thousands of former Kodak employees know what their Medicare options are. That's as Kodak retirees, and their dependents, will lose their healthcare benefits at the end of the year. A bankruptcy judge O.K.'d Kodak to relinquish its 1.2 billion dollar annual liability in healthcare costs off the books earlier this week. During today's MVP Health Care session, retiree Lee Henner says he's concerned about how deeply he may have to dig into his wallet to make up the difference.

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