"...the infringed patents include ones for an "electronic camera utilizing image compression and digital storage" and "an apparatus and method for previewing motion images using a series of lower resolution still images."
"Earlier this year, Kodak signed a cross-licensing pact with Sony Corp. that settled a similar patent dispute."
"It expects up to $250 million this year alone in royalties and related revenues."
^^^^^^^ Amazing. What I don't understand is Kodak were the first (if not, among the first) to really retail a small cheap digital cam at the masses many years ago (the DC-something-or-other). You'd think that back then they were ready for the transformation to digital. Did they just amass patents and lose to others in the development process?
It also sounds like they could sue every man and his dog with those general patents...
As a native of Kodak's home town, I lament the decline of Kodak's market share as it affects so many family and friends, (I wound up moving because the local economy is so downtrodden) but this is just another example of cheap foreign labor toppling an American icon. Too bad the lawsuits can't bring back the thousands of lost jobs.
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"...the infringed patents include ones for an "electronic camera utilizing image compression and digital storage" and "an apparatus and method for previewing motion images using a series of lower resolution still images."
"Earlier this year, Kodak signed a cross-licensing pact with Sony Corp. that settled a similar patent dispute."
"It expects up to $250 million this year alone in royalties and related revenues."
^^^^^^^
Amazing.
What I don't understand is Kodak were the first (if not, among the first) to really retail a small cheap digital cam at the masses many years ago (the DC-something-or-other). You'd think that back then they were ready for the transformation to digital. Did they just amass patents and lose to others in the development process?
It also sounds like they could sue every man and his dog with those general patents...
As a native of Kodak's home town, I lament the decline of Kodak's market share as it affects so many family and friends, (I wound up moving because the local economy is so downtrodden) but this is just another example of cheap foreign labor toppling an American icon. Too bad the lawsuits can't bring back the thousands of lost jobs.