Kodak company background

Eastman Kodak Company, referred to as Kodak Company for short, is the world's largest manufacturer and supplier of imaging products and related services. Headquartered in Rochester, new york, USA, Eastman Kodak Company is a listed company listed on the new york Stock Exchange, with operations in more than 50 countries and regions and about 80,000 employees worldwide. Over the years, Eastman Kodak Company has been in the leading position in the field of image shooting, sharing, output and display. 100 has helped countless people to retain good memories, exchange important information and enjoy entertainment time for more than 0 years. But with the rise of digital technology, Kodak filed for bankruptcy protection on 20 12 19.

Kodak Company's predecessor was "Heismann Dry Printing Company" founded by inventor george eastman and businessman Henry Strong in 188 1. As a developer of films, films and first cameras for non-professionals such as Brownie and Instamatic, the company remains one of the largest film suppliers in the world, including amateur and professional markets. It has also entered other image-related fields (such as medical imaging), and continues to strive to gain a more solid foothold in the growing digital photography and digital imaging industry. The company's predecessor was Eastman Company, and later it was renamed because the first stupid film camera it produced was called Kodak. When asked about this matter, george eastman replied: "Linguistically, the word' Kodak' is as meaningless as the first' goo' spoken by a baby-concise, abrupt and even a little rude. Literally, the two ends are cut off by uncompromising consonants, which sounds as clear as the camera shutter sound in front of you. Isn't this the best name! " This kind of camera was a great success, and the word "Kodak" was added to the company name. 1986 65438+1On October 9th, Kodak lost its patent lawsuit with Polaroid, so it quit the instant camera industry. June+10/October 65438+March 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 producing cameras using advanced camera systems and 35mm film. Film production will continue. These changes reflect that Kodak has shifted its attention to the emerging digital market. Since the acquisition of Creole was completed in June 2005, Kodak Graphics and Imaging Group has officially entered a new era of digital graphics and imaging. At present, Kodak Graphic Image Group has become the only large multinational company in the world that can provide graphic image products and services. Customers in the printing industry can get the most extensive and complete industry solutions and services in Kodak graphic image world, ranging from intelligent input, design and output of graphics and images to a series of products and services such as process management, remote management and storage management, and consulting management. The success of M&A indicates that Kodak Graphic Imaging Group has achieved the success of digital transformation, basically realized the transformation from the traditional imaging industry to the digital graphic imaging industry, and initially completed the strategic deployment of Kodak Graphic Imaging Group in the digital field.

Since the establishment of 1880 Eastman Kodak Company, Kodak has maintained a leading position in the global imaging industry with diversified business, covering all aspects of traditional silver halide technology and digital imaging technology. At present, Kodak Company is mainly engaged in the development, production and sales of traditional and digital imaging products, services and solutions, serving ordinary consumers, professional photographers, medical service institutions, entertainment industry and other commercial customers. The company has four divisions: photography division, medical imaging division, commercial imaging division and parts division. With its technical advantages, market scale and numerous industry partners, Kodak is committed to providing customers with innovative products and services to meet their needs for rich information in images. The history of Kodak 120 years is the epitome of the development of the world imaging industry.

1880, george eastman, then a bank employee, began to use his patented technology to mass-produce photographic negatives, which was the predecessor of Eastman Kodak Company. Eastman achieved great success in dry printing business, and the following year he set up Eastman dry printing company in partnership with businessman Strong. 188 1 At the end of the year, Hysmans resigned from Rochester Savings Bank and devoted all his energy to running his own new company, while continuing to study ways to simplify photography. 1883, Eastman invented the film, and the photography industry has undergone revolutionary changes. With the advent of 1888 Kodak camera, Eastman laid the foundation for the popularization of photography. After several changes, Eastman Company was renamed Eastman Kodak Company on 1892.

1880, george eastman, then a bank employee, began to use his patented technology to mass-produce photographic negatives, which was the predecessor of Eastman Kodak Company. Eastman achieved great success in dry printing business, and the following year he set up Eastman dry printing company in partnership with businessman Strong.

188 1 At the end of the year, Hysmans resigned from Rochester Savings Bank and devoted all his energy to running his own new company, while continuing to study ways to simplify photography.

1883, Eastman invented the film, and the photography industry has undergone revolutionary changes.

1888, Kodak camera came out, and Eastman laid the foundation for the popularization of photography.

1889, Eastman photosensitive materials co., ltd was established in London.

189 1 year, Hysmans built a photosensitive material factory in Harrow near London.

From 65438 to 0896, Kodak Company became the main sponsor of the first modern Olympic Games held in Athens, Greece.

From 65438 to 0900, Kodak's sales network has spread all over France, Germany, Italy and other European countries.

192 1 year, Kodak entered China and founded a photography school. Shen Bao reported the matter. Shen Bao 192 1 12/23 contains the article "Kodak Photography Company Established a Photography School": Kodak Photography Company recently established a photography school at 64 Jiangxi Road and graduated three weeks later. Tuition fees and materials and equipment fees are all exempted. Recently, the company sent letters to various institutions and photo studios, asking them to send people to learn the cloud. [2]

From 65438 to 0976, Kodak developed digital camera technology and applied digital imaging technology to the aerospace field.

1986 65438+1On October 9th, Kodak lost its patent lawsuit with Polaroid, so it quit the instant camera industry.

199 1 year, Kodak has a digital camera with 1.3 million pixels.

In 2000, Kodak sold only $3 billion in digital products, accounting for only 22% of its total revenue.

In 2002, Kodak's product digitization rate was only about 25%, while competitor Fuji had reached 60%. This is in great contrast with the speed at which Eastman decisively abandoned dry glass plate and turned to film technology 100 years ago.

On September 26, 2003, Kodak announced a major strategic shift: abandoning the traditional film business and shifting its focus to emerging digital products.

June 5438+October 2004 10, Kodak announced that it would lay off 20% of its existing employees, that is, 70,000 employees in the production and administrative departments at that time, ranging from 12000 to 15000.

June+10/October 65438+March 2004, Kodak announced that it would stop producing traditional film cameras in the United States, Canada and Western Europe.

At the end of 2004, Kodak will stop producing cameras using advanced camera systems and 35mm film. Film production will continue.

June 5438+October 2005 10, Kodak appointed a new CTO: William Lloyd, a technical expert who worked at HP for 3 1 year, and was named "digital CTO" by the outside world.

Hysmans-Kodak Company (EK), a camera manufacturer with a history of 13 1 year, may file for bankruptcy protection in the early hours of 20 1 year1month1day local time in the United States. Affected by this news, Kodak's share price once plunged 68% in the US stock market, setting the biggest one-day drop since 1974.

20 12 1 3 October, Kodak Company announced that it had received a warning from the New York Stock Exchange because its average closing price had fallen below1USD for 30 consecutive days. If the share price does not improve in the next six months, Kodak will face delisting.

On 20 12 65438+ 10/9, Eastman Kodak Company of the United States announced that it would apply for bankruptcy protection in new york to tide over the liquidity crisis and ensure the continuous operation of its business.

20 12 On April 20th, Eastman Kodak Company of the United States officially declared bankruptcy, and assets evaluation and auction were under way!