Kodak Applied for bankruptcy protection in New York

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Kodak announced Thursday, Kodak and the United States subsidiaries had filed for bankruptcy protection. Kodak said, it is to strengthen its United States and overseas liquidity, the strategy of intellectual property monetization, properly resolve the remaining debt problems, and enabled the company to focus on the most valuable business. The company will continue to pay staff salary and welfare as well as development consumer oriented services.

In 1936 the company produced the " Kodak Bantam ( Bantam Special )" camera, which is the first portable camera. It is designed by the earliest occupation American industrial designer Walter Teague.

Kodak gold is at the end of the era of classic products. " Strong popularity, quality superior, in tourism, wedding, or a family party can easily take great pictures, this is Kodak gold KodakGold film target. The Kodak gold series of films, including four different light and speed type colour negatives: Kodak gold 100, Kodak, Kodak gold 200 and easily beat gold 400, each have distinguishing feature."

Kodak CEO Antonio Perez announced the sale of the company in July 1100 patents, involved in image processing, edit and store. Peng Andong Kodak in 2005 at the helm, he arranged Kodak business focus localization on the printing services, in order to help the company to revive. However, Kodak sales performance more than 2005 years half, last year was $7200000000. Today bright two years are expected to continue to shrink. In 2008 the company to lose more than $1760000000.

In 1880 by the founder of Mr. George Eastman Kodak, 8 years later in 1888 launched the " Kodak" camera. The founder of the inspiration of onomatopoeic words are the shutter down, now is the world's most famous one of the trademarks of. By digital image technique, Kodak has abandoned the traditional professional photography and film services, into a complete consumption enterprises.