Kodak Getting out of Printing?
Here in China, there are many small Kodak kiosks that sell prints to people who bring in digital files. There was one by my house until recently. This one, along with many others have recently been rebadged as HP print centers. They are quite busy places as I guess Chinese folks dont often by photo printers. Business is brisk and I often have to wait in line. The Kodak kiosks are very old and look like they are crumbling. The new HP ones have a fresh and modern look. It would appear that Kodak is selling off these kiosks to HP. Why would they do that when printing is supposedly the future for Kodak? Is there any part of Kodak that wants to sell to consumers?
To me it just looks like Kodak selling off another useful asset to cash out of. Sell off everything until what is left is crushed by the debt load.