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Kodak to make digital cameras in Brazil
June 6, 2006
Reuters
SAO PAULO, Brazil - Eastman Kodak Co. (EK.N: Quote, Profile, Research) will start manufacturing digital cameras in Brazil, making the South American country the first place outside of China where the U.S. company will make digital equipment.
Kodak's Brazilian subsidiary said on Tuesday production will start later this month in Manaus, a bustling industrial hub in the heart of the Amazon, where electronics companies have long enjoyed generous tax breaks.
The first model to be produced will be the EasyShare C360, which comes with a 3x optical zoom lens and 5.0 megapixels.
Brazil is the largest market in Latin America for digital cameras, accounting for more than 40 percent of sales, Kodak said.
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