History of Kodak
George Eastman until 1879, the year has not yet had the status of an inventor. For all it was an ordinary bank clerk, who was in 1879 managed to create a machine design that can be applied to the photographic emulsion plate. Soon after the invention has been patented, and the banker moved from one status to another. A little later, the forces have two famous people - George Eastman, and the industrialist Henry Strong founded the company Eastman Dry Plate Company. There was this event in 1881, and three years after that, the company has already received the status of the corporation. A year later, the company introduced the public its first product - a roll of film brand American Film. Serial production of the film began in 1889, the year.
The main objectives of the inventor
George Eastman has always seen the main aim the active dissemination in society such interests as the picture. In the wake of the popular aspirations to take a photo, inventor creates in 1888, Kodak digital cameras. It was a camera model at a price of twenty-five dollars, in which the film has been used for a hundred shots. Not every customer has the opportunity to acquire such a device. Continuing its inventive activity, Eastman in 1890, it is launching the camera, which provides for the use of the film for forty-eight frames. The devices are actively marketed for two years under the brand Kodak. This was a defining moment, and that when the company decided to rename. As a result, in 1892, the year the name was changed to Estman Kodak Co. In pursuit of its primary goal the popularization of digital cameras, George finally achieves a positive result. On sale at the time in 1900 under the name of the camera appears Brownie. This model of the device with film of six frames cost only one dollar in the market, and consumers can buy the film for fifteen cents. This series of photographic equipment made by up to 1970.
The technological breakthrough of the twentieth century
The early twentieth century was marked by the company for the moment when the production of photographic equipment and related products has increased significantly. It was actively expand production itself. Kodak's subsidiaries appeared on the territory of many countries of the world, including in Mexico and Canada, France, Germany, Australia and the UK, Spain and Brazil. Interestingly, these units were companies that produced its own products. A simple example: the German division of Kodak AG, which represented the consumer market model Retina camera.
Next Year 1930 marked the introduction for the company in the Dow Jones, and in another five years, the company has raised the bar for the next level of his fame by releasing a colored 35-millimeter film. At this stage of its development, Kodak launches have almost all the products pertaining to the photos. The main product categories include: cameras, Photoobjectives, film, printers, chemical processing and other. As of 1966, the company employs about one hundred thousand employees.
Turns Kodak's fate
One of the most popular products of the company was Instamatic camera, which used a photographic film type 126. This type of photographic film, having a frame size 26h26 mm. Start of production of the series had cameras marked for 1963 and lasted until 1976, the year. over sixty million units were sold during this period. A little earlier, in 1972, the company began to produce cameras in miniature design for the use of 110-type film, and the first digital model was developed in 1976 year - a camera having a matrix size equal to one-tenth of megapixels. However, the company is too late to start mass production of digital devices, in view of which was out of competition in the market among the leading manufacturers. The result: the exclusion of companies from the industrial index Dow Jones. It happened on the event in 2004, the year, and in 2006 to the company and at all ceased production of digital technology, the production of fully passing Singaporean company Flextronics.
However, that revolutions in the fate of the company is not limited. In the year 2009 discontinued production of Kodachrome film firm, and a few months later, comes the news of the sale of OLED technology, namely all the available assets of the Eastman Kodak Company of production in December of 2009. Buyer's assets has declined from LG. However, despite the fact the sale of assets, Kodak has reserved the right to use the technology in the future. In January of 2012 there was one more event of a negative character. The amount of debt of the company was at the time almost seven billion dollars. The total amount of all the available assets of the company amounted to little more than five billion dollars.
This development forced the leadership of Eastman Kodak Company to file a lawsuit on bankruptcy. Providing a claim accompanied by a request to the authorities to protect the company from creditors' claims. A month later, the company was forced to sell one of its divisions - Image Sensor Solutions due to the difficult financial situation. Buyer in this case was the company Platinum Equity. The unit was sold with production base, which is located in Eastman Business Park. Image Sensor Solutions was one of the most important components of the company. On the basis of units produced a series of sensors for cameras and other models Leica digital camera medium format. Specialists in the field of photography, the Kodak sensors have always ranked as one of the most reliable, delivering outstanding color and low noise level. Having won the professional market of digital photography industry, the company lost the client among the mass market in the field of amateur photography. But the production of components for the company Kodak digital SLR cameras continues today.