Kodak Digital Cameras Now Made by Flextronics

Kodak has announced an agreement in which Flextronics International Ltd. will manufacture and distribute Kodak consumer digital cameras and will manage certain camera design and development functions.Under the agreement, Kodak will divest its entire digital camera manufacturing requirements to Flextronics, including assembly, production, and testing. Flextronics will also manage the operations and logistics services for Kodak's digital still cameras. Kodak will continue to develop the high-level system design, product look and feel and user experience, and will conduct advanced research and development for its digital still cameras. Kodak will also retain its intellectual property.Greg Westbrook, President of Flextronics' Consumer Digital market segment said, "Today's announcement is another demonstration of the immense value of our vertically-integrated services by providing global, end-to-end design, manufacturing, logistics, and end-to-end supply chain architecture services. The results to Kodak of leveraging these vertically-integrated services will be extensive, and will include lower costs, faster time to market, substantially improved efficiencies."