Eastman Kodak, a company founded 133 years ago and synonymous with photography, is to stop making digital cameras, video cameras and digital picture frames.
Kodak is planning to concentrate on more profitable divisions such as photo printing and desktop inkjet printers. The company entered bankruptcy protection from its creditors last month and these changes should save them about $100m a year.
The company will continue to honour product warranties and provide technical support for the discontinued products.