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No more Brownie: Kodak gives up making cameras
by Staff Writers
Washington (AFP) Feb 9, 2012


Photography pioneer Eastman Kodak, whose cheap Brownie camera brought photography to the masses a century ago, said Thursday it would stop producing cameras altogether as its struggles through bankruptcy.

Kodak said it would close down its "capture devices business" -- digital cameras, pocket video cameras and digital picture frames -- and focus its efforts on photo printing and printers.

But it could license out its brand for other producers of cameras.

"Kodak's strategy has been to improve margins in the capture device business by narrowing our participation in terms of product portfolio, geographies and retail outlets," said Kodak consumer businesses president Pradeep Jotwani.

"Today's announcement is the logical extension of that process, given our analysis of the industry trends," he said in a statement.

Kodak, which sought Chapter 11 bankruptcy protection and entered a restructuring program last month, dominated the US cameras and film business decades ago but failed to keep pace with the boom in digital cameras in the mid-1990s.

Phasing out its cameras arm will save Kodak more than $100 million in operating costs, it said.

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Apple to debut 'iPad 3' in March: report
San Francisco (AFP) Feb 9, 2012 - Apple will unveil a new version of its market-ruling iPad table computer in March, according to a report in Dow Jones-owned technology blog All Things D.

The latest in an ongoing stream of Apple rumors cited unnamed sources as saying that an "iPad 3" will make its debut at an event the California company will host in San Francisco in the first week of March.

The next-generation iPad will be shaped like the current model, but run on a faster computer chip and have improved graphics on par with those seen in Apple's coveted iPhones, according to the blog.



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Samsung can continue selling Galaxy tabs in Germany: court
Frankfurt (AFP) Feb 9, 2012
South Korea's Samsung Electronics can continue to sell its Galaxy Tab 10.1N tablet computer in Germany, a German court ruled Thursday, rejecting a bid by arch-rival Apple to have them banned. In the third such blow to United States giant Apple, the regional court in Duesseldorf ruled that Samsung's redesigned tablet computer - which Apple had claimed infringed on its patent rights - was no ... read more


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