Kodak was founded in 1880 by inventor George Eastman and is headquartered in Rochester, New York.
Kodak is one of the major players in the "information imaging" industry, which has a market value of $385 billion and includes devices (such as digital cameras and handheld computers), infrastructure
Eastman Kodak Company
(such as online networks and image-processing systems), and services and media (such as software to access, analyze, and print images, film, and photo paper).
Kodak leverages advanced technology, broad market reach, and a range of industry partnerships to provide customers with innovative products and services that meet their needs for the rich information contained in their images.
In January 2012, the more than 130-year-old Kodak Company declared Chapter 11 bankruptcy.
The company has several major business areas: Photography - providing digital
"yellow giant" Kodak
[1] and traditional products and services to mass consumers, professional photographers, and cinematographers; Medical Imaging -provides traditional and digital image acquisition, storage, and output products and services to the healthcare industry; Commercial Imaging-provides image acquisition, output, and storage products and services to businesses and ***; Components-provides optical components and photoreceptor chips to original equipment manufacturers (OEMs); and Displays - designing and manufacturing the world's leading organic light-emitting diode (OLED) displays and other specialty materials.
The company's 2002 worldwide revenue was $12.8 billion, more than half of which came from markets outside the United States.
Kodak employs about 70,000 people worldwide, 39,000 of them in the United States.
The company has manufacturing facilities in the United States, Canada, Mexico, Brazil, the United Kingdom, France, Germany, Australia, and China, and sells a large variety of imaging products to nearly every country in the world.
History Kodak's predecessor was the Eastman Dry Plate Company, founded in 1881 by inventor George Eastman and businessman Henry Strong.
As the developer of film, film, and the first cameras for non-professionals, such as the Brownie and the Instamatic, the company remains one of the world's largest suppliers of film to both the amateur and professional markets.
It has also entered other imaging-related fields, such as medical imaging, and remains committed to gaining a firmer foothold in the growing digital photography and digital imaging industry.
The company was formerly known as Eastman Company, which was later renamed Kodak after the first foolproof film camera.
George Eastman, when asked, replied, "Linguistically, the word 'Kodak' is as meaningless as a baby's first 'goo'! -succinct, abrupt, even a little rude, literally truncated at both ends by firmly uncompromising consonant letters that sound as dry as the sound of a camera shutter in front of you.
Isn't that the best name ever!" The camera was such a success that the word "Kodak" was added to the company's name.
On January 9, 1986, Kodak lost a patent lawsuit against Polaroid and withdrew from the instant camera industry.
On January 13, 2004, Kodak announced that it would stop producing traditional film cameras in the United States, Canada, and Western Europe.
By the end of 2004, Kodak will stop making cameras that use the Advanced Photo System and 35mm film.
Film production will continue.
These changes reflect Kodak's shift in focus to the emerging digital market.
The Kodak Graphic Communications Group, since completing the acquisition of Clio in June 2005, has officially entered a new era of digital graphic communications.
At present, Kodak Graphic Communications Group has become the world's only large-scale multinational company capable of providing a full range of graphic communications products and services. Customers in the printing industry can get the widest range of integrated industry solutions and services in the world of Kodak Graphic Communications, ranging from intelligent input, design, and output of graphic communications to a series of products and services such as graphic communications process management, remote management and storage management, and consulting and management. management and a series of products and services.
The success of the merger and acquisition marks the success of Kodak Graphic Communications Group's transition to digital, basically realizing the transition from the traditional imaging industry to the digital graphic communications industry, and initially completing the strategic deployment of Kodak Graphic Communications Group in the digital field.
Man Kodak Company since its inception in 1880, Kodak has been a leader in the global imaging industry, with a diversified business that covers all aspects of traditional silver halide technology and digital imaging technology.
Today, Kodak is engaged in the development, manufacture, and sale of traditional and digital imaging products, services, and solutions to general consumers, professional photographers, healthcare providers, the entertainment industry, and other commercial customers.
The company has four business units: Photography, Medical Imaging, Commercial Imaging, and Components.
Leveraging its technological strengths, market scale, and numerous industry partnerships, Kodak is committed to providing customers with innovative products and services that fulfill their needs for the richness of information contained in images.
Kodak's more than 120-year history epitomizes the evolution of the world's imaging industry.
In 1880, George Eastman, then a bank clerk, began mass-producing photographic dry plates using a patented technology he invented, which was the predecessor of Eastman Kodak Company.
Eastman was so successful in the dry plate business that he partnered with businessman Strong the following year to form the Eastman Dry Plate Company.
In late 1881, Eastman resigned from the Rochester Savings Bank and devoted all his energies to running his new company, while continuing to research ways to simplify photography.
In 1883, Eastman invented film, and the photography industry was revolutionized.
With the introduction of the Kodak camera in 1888, Eastman laid the foundation for the mass popularization of photography.
After several changes, Eastman's company was renamed Eastman Kodak Company in 1892.
Kodak's 100-year history In 1880, George Eastman, a bank clerk at the time, began mass-producing photographic dry plates using a patented technology that he had invented, and this was the predecessor to the Eastman Kodak Company.
Eastman was so successful in the dry plate business that he partnered with businessman Strong the following year to form the Eastman Dry Plate Company.
Late in 1881, Eastman resigned from the Rochester Savings Bank and devoted all his energies to running his new company, while continuing to work on ways to simplify photography.
In 1883, Eastman invented film, and the photography industry was revolutionized.
In 1888, with the introduction of the Kodak camera, Eastman laid the foundation for the mass popularization of photography.
In 1889, Eastman Photographic Materials Limited was founded in London.
In 1891, Eastman built a photographic materials factory in Harrow, near London.
In 1896, Kodak became a major sponsor of the first modern Olympic Games in Athens, Greece.
By 1900, Kodak had a sales network in France, Germany, Italy, and other European countries.
By 1976, Kodak had developed digital camera technology and was using digital imaging in aerospace.
On January 9, 1986, Kodak lost a patent lawsuit against Polaroid, and as a result, exited the instant camera industry.
In 1991, Kodak had a 1.3 megapixel digital camera.
In 2000, Kodak sold only $3 billion in digital products, just 22% of its total revenue.
Kodak's product digitization rate was also only about 25% in 2002, while competitor Fuji had reached 60%.
This is in stark contrast to the speed at which Eastman decisively abandoned glass dry plate for film technology 100 years ago.
On September 26, 2003, Kodak announced a major strategic shift: abandoning its traditional film business and shifting its focus to emerging digital products.
In January 2004, Kodak announced that it was laying off 20% of its current workforce, or 12,000 to 15,000 of its then 70,000 employees in production and administration.
On January 13, 2004, Kodak announced that it would stop producing traditional film cameras in the United States, Canada, and Western Europe.
By the end of 2004, Kodak will stop making cameras using the Advanced Photo System and 35mm film.
Film production will continue.
In January 2005, Kodak appointed a new CTO: William Lloyd, a 31-year technologist at Hewlett-Packard who was dubbed the "digital CTO.
On Friday, October 1, 2011, 131-year-old camera maker Eastman Kodak Company (EK) may file for Chapter 11 bankruptcy protection.
As a result of the news, Kodak's stock plummeted 68% during the US stock market session, marking the company's biggest one-day drop since 1974.
On January 3, 2012, Kodak announced that it had received a warning from the New York Stock Exchange after its average closing price fell below $1 for 30 consecutive days.
If the stock price does not improve over the next six months, Kodak will face delisting.
On January 19, 2012, Eastman Kodak Company announced that it had filed for Chapter 11 bankruptcy protection in New York in a bid to tide over the liquidity crisis and ensure that the business continues to operate.
Editing Overseas Operations From the beginning of the company, Eastman recognized the enormous potential of the global market for residential photography and aggressively expanded its business overseas.
Five years after its founding in the United States, Eastman Dry Plates began opening a sales office in London.
This was followed by the establishment of Eastman Photographic Materials Ltd. in London in 1889, with full responsibility for overseas sales of Kodak products.
At first, all products were manufactured in Rochester.
Before long, demand at home and abroad exceeded the capacity of the U.S. plant.
As a result, Eastman built a photographic materials plant in Harrow, near London, in 1891.
In 1896, Kodak became a major sponsor of the first modern Olympic Games, held in Athens, Greece.
By 1900, Kodak had a sales network in France, Germany, Italy, and other European countries.
In addition, a sales office in Japan was in the works, and construction of a manufacturing plant in Canada had begun with the formation of Kodak Canada Ltd.
Today, Kodak has manufacturing facilities in Canada, Mexico, Brazil, the United Kingdom, France, Germany, India, China, and the United States.
Meanwhile, Kodak products are sold in more than 150 countries through subsidiaries around the world.
The corporate brand was ranked eightieth in the 2006 World Brand 500 list compiled by the World Brand Lab.
Editorial Kodak Crisis Kodak developed digital camera technology as early as 1976 and used digital imaging technology in aerospace; in 1991 Kodak had a 1.3 megapixel digital camera.
But by 2000, Kodak had sold only $3 billion in digital products, which accounted for only 22% of its total revenues;