Kodak Says Reports of Its Imminent Demise Are Greatly Exaggerated

Kodak, the iconic photography company, has refuted reports of its imminent demise. Despite facing significant challenges in recent years, the company insists it is not out of the game yet. In a statement, Kodak acknowledged the industry's rapid digital transformation, which has disrupted its traditional film business. However, the company emphasized its ongoing efforts to adapt and evolve, focusing on new technologies and diversifying its product portfolio. Kodak highlighted its growing presence in the packaging and functional printing markets, as well as its initiatives in the field of advanced materials and chemicals. The company stated that it remains committed to serving its customers and maintaining its position as a leader in the imaging industry. While Kodak's future may still be uncertain, the company is adamant that it is not ready to be written off. The statement underscores Kodak's determination to overcome the challenges it has faced and continue playing a role in the ever-changing landscape of imaging and photography.