Eastman Kodak Company collaborates with Flextronics International

Eastman Kodak Company collaborates with Flextronics International

Eastman Kodak Company has confirmed that they are now collaborating with Flextronics International Ltd.

The deal would see the latter take over the manufacturing and distribution of Kodak’s consumer digital cameras.

Kodak claimed that this collaboration would enable them to bring newer products to the market faster.

They would continue to design digital still cameras and will retain intellectual property. Flextronics would be taking care of the assembly, production, and testing.

John Blake, Jr., a Kodak general manager and vice president spoke on this new development: “This is another move in Kodak’s overall strategy to further drive improvements for profitability and efficiency in the operating model of our consumer digital business.”

He further said: “By partnering with Flextronics, Kodak will streamline our digital camera operations.”