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Disposable Camera Base

2004/04/15

With the operation of a new factory, the US-based Eastman Kodak has built the worlds largest disposable camera production base in Xiamen of East China s Fujian Province.

The new factory, covering 60,000 square meters, was backed up by investment of US$20 million. The whole production base, including an existing factory built in 2001 is now capable of producing 100 million disposable cameras every year.

Antonio Perez, president and CEO of Kodak, said that the building of the new factory indicated their confidence in Chinas emerging market for the imaging industry.

Though facing a challenge from digital cameras, Perez predicted a 7-10 percent growth rate in the disposable camera business.

He noted demand for disposable cameras in China is relatively low. Only one percent of cameras produced in the base are sold in China now.

The majority are exported to the United States, Japan and European countries. Export volume reached 100 million US dollars last year.



	Article featured in Business Beijing, April 2004 Publication sponsored by Information Office of the Beijing Municipal Government, Beijing Municipal Bureau of Commerce, Development & Reform Commission of Beijing Municipality, China Council for the Promotion of International Trade (Beijing Sub-Council)