Word: kodaks
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Dates: during 1980-1989
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Some experts are already predicting that Kodak, which accounts for about 60% of worldwide film sales, will quickly become a leader of the video field as well. But that eminence could be hard to achieve. Not only is the field already packed with formidable rivals like Sony, but new developments are occurring rapidly. In an apparent effort to upstage Kodak, RCA this week will unveil a palm-size video camera that comes with a separate recorder...
...Kodak products are a key part of the company's all-out drive to sharpen its focus. Kodak, says Chairman...
...between eras" and requires "a clear vision of the road ahead." A genial man who wears a Ronald McDonald wristwatch and drives a pickup truck, Chandler has his eye on new, nonfilm technologies like picture-recording optical discs. Says Brenda Landry, an analyst with Morgan Stanley: "In a nutshell, Kodak is attempting to become a major participant in the emerging new forms of image making...
...part of its new push, the company has set aside its longstanding practice of developing all of its own products and has begun turning to outsiders for help. Kodak last fall bought Bell & Howell's DataTape division, which makes digital recording equipment. Last year it also acquired a Mead Corp. unit that makes ink-jet printing equipment. Industry insiders say that Kodak's new video-camera recorder was developed jointly with Japan's Matsushita...
...Kodak, though, has more problems than just a shrinking market. The company's much ballyhooed compact Disc camera, introduced in February 1982, has yet to turn a profit. Total 1983 shipments are estimated at about 7 million units, in contrast with 8 million in 1982. Kodak had expected to sell some 10 million Disc cameras last year and installed enough equipment to produce 12 million. The device, which uses a disc rather than a roll of film, is unlikely to earn back its estimated $450 million in development costs before late...