Kodak Sets up New Factory in Xiamen

   Date:2007/09/10     Source:

KODAK Co, the world's largest photography company, will open a new factory in the city of Xiamen in Fujian Province next month.

The 45,000-square-meter factory will mainly manufacture digital cameras and printing products. The total production output is expected to reach US$200 million.

Kodak has invested US$100 million in the factory, and its transformation from a film-camera producer to a digital-camera producer is expected to be completed this year.

With sales of US$10.7 billion in 2006, Kodak is committed to a digitally oriented growth strategy in 2007.

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