Following in the steps of Kodak (well, kind of in the steps), Fujifilm has said they will enter the market for inkjet printers and print cartridges.

As the market for non-digital photography products continues to decline, companies such as Kodak and Fujifilm are working to reinvent themselves and regain the profits they once earned. On Friday (4/6/04) Fujifilm said they would enter the market for industrial inkjet printers to spur the sales of ink cartridges.

Their goal is to obtain sales of $169 million of the new printers and ink by 2009-2010. Fujifilm proposes to buy the printers from two other manufacturers and the ink from a third manufacturer (that it acquired in 2005). They will then market the printers and cartridges together.

It is expected that Fujifilm will launch their printers and ink cartridges in the U.S. this month.

The inkjet market is becoming quite these days.