09 May 2002
Digital camera technology is not likely to replace chemical-based film for some time, according to Eastman Kodak.
Chief executive Daniel Carp said that film is still king despite a slump in the US market and the industry's shift to digital imaging.
Further reading
He explained that there is still room for growth in consumer film, particularly in markets like China and India where only about one in five households own a film camera.
Kodak has opened 1,500 photography stores in India and China, and film sales have risen in both countries. Emerging markets now account for about 20 per cent of Kodak's film sales.
Carp maintained that, while digital imaging is proving a tough competitive rival to film, there is no indication that it is ready to replace the old format just yet.
US analysts agree that it will be a long time before people consider ditching their old style cameras for digital models.
They point to the fact that digital cameras are still expensive and generally lack the versatility of their film equivalents, and that there are so many old style cameras out there which still perform perfectly well.
Latest stories from Web
Related articles
Related jobs
Poll
What is the most important IT priority for your company this year?
Sneak peek at the forthcoming glass-based machine
Connect with V3.co.uk
This paper focuses on a series of best practices and techniques for development teams looking to improve their software development processes
Why good data management at all levels is essential in the modern business (video, 6mins)
Software Engineer - Performance - Permanent - Cheshire...
Leading Financial Services Company requires experience...
TOM, Business Analyst, Loan IQ, Process, Risk, Operations...
ASP.NET Developer - MVC, JavaScript, MS SQL, CSS, HTML...
Keep up to date with the latest products, services and technologies from the world's leading IT companies. IThound.com brings you over 2,000 white papers, case studies and analyst reports.
Do you agree?