Slow Sales, But Higher Profits for Ricoh’s First-Quarter
Sales in the Americas decreased by 2.3 percent year-over-year due to the decline of sales in the Office Printing group, although sales in the Commercial Printing group were up.
Category: Featured Posts
Xerox Focusing on Growing Software, Services to Reverse Revenue Trajectory
Xerox expects that about a third of its XBS locations will begin offering IT services by the end of 2019.
Sharp Decline in Operating Profit for Konica Minolta’s First Quarter
Operating profit plunged to ¥0.5 billion, a decline of 96.4 percent year-over-year.
Revenue Down but Net Income up for Xerox’s Second Quarter
Xerox stated that its Project Own It cost-cutting program contributed some $640 million of savings thus far in 2019.
This Week in Imaging: Toner Wars, Clover, Canon, More
The aftermarket printer-supplies wars continued this week, with the Daily Monitor reporting that Ughandan government authorities confiscated five tons of...
Canon Reports Results for Second Quarter
Citing the impact of the U.S.-China trade war and other factors, the firm said it doesn’t see any signs of improvement in the business environment, and lowered it forecast for its fiscal year.
A Look at Sharp’s Earnings’ Recovery Since Foxconn Acquisition
In 2016, giant electronics contractor Foxconn – also known as Hon Hai Precision Industry and headquarted in Taiwan – acquired......
New Lexmark Go Printers and MFPs Provide Enterprise-Level Performance
The Lexmark Go Line series is said to provide enterprise-level durability, reliability, security, and features in a smaller, lighter, lower-cost device.
Moody’s Downgrades Clover Technologies’ Debt Rating
On July 11th, Moody’s Investors Service downgraded its ratings for 4L Technologies Inc., the parent company of Clover Technologies, to......
Printing-as-a-Service: Lexmark Digitizes its Future with MS 365 Cloud-Connected Tools
Lexmark is taking advantage of Azure Machine Learning, Azure Data Lake Store, and Azure Analysis Services to gain insights into the data it collects from millions of IoT-enabled printers.
Ricoh USA to Reduce Office Space, Relocate
A Ricoh spokesperson stated that no job losses are expected with the move, which it expects to occur in August.
Clover Considers Strategic Options in Wake of Customer Cutbacks
Clover informed its creditors of cutbacks by two customers, one in the wireless market, the other in the imaging market.
Tight Job Market, High Turnover Concerns for Copier-Industry Sales Managers
Among the findings of a new 2019 survey is that building a copier sales team has become more challenging because of a tight labor market and high turnover.
Ricoh to Acquire Document-Management Provider DocuWare
DocuWare will operate as a standalone subsidiary of Ricoh and Ricoh says it’s committed to maintaining and growing the DocuWare partner program.
EFI, Memjet Form New Partnership
The new agreement marks just one of many Memjet partnerships, with other Memjet partners including Konica Minolta, Canon Inc., and HP Inc.
New U.S. Tariffs on Chinese Imports on Hold – for Now
The United States and China have agreed to restart trade talks, and the Trump administration will hold off for now......
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