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Kodak was a huge company, but after it declared bankruptcy in 2012, the company has faded dramatically. The rapid decline in demand for its core products (read: film vs. digital photography) decimated its market, leaving the company in an untenable position--even though Kodak invented the consumer digital camera, it failed to realize how quickly that technology would catch on. Kodak seemed like one of those companies that would always be here. Staying relevant has really turned out to be a challenge.
Jul-18-2020, 19:45:06 GMT
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- Media > Photography (0.78)
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