Sales up for Ninestar’s Lexmark; Ninestar to Shift Lexmark Manufacturing to Zhuhai, China
China’s Ninestar Corporation, previously known as Apex Technology, and which last year, along with other investors, purchased Lexmark International for......
Category: Financial News
Western Digital Seeks Injunction to Stop Sale of Toshiba’s Memory Business
Although Toshiba Corporation’s shareholders are scheduled next month to vote on the $18 billion (2 trillion yen) sale of its......
This Week in Imaging: Nothing Lasts Forever – Or Does It? Plus, Toshiba Makes Key Move
A French environmental group has raised an interesting question via a lawsuit: are printers designed with planned obsolescence in mind......
Toshiba Aiming Sell Memory Business for $18 Billion to Consortium Led by Bain Capital
Bloomberg Technology reported today that financially strapped Toshiba Corporation of Japan has agreed to sell its memory business, Toshiba Memory......
New Zealand Government Probing Fuji Xerox Accounting Irregularities
New Zealand government officials are reportedly probing Fuji Xerox New Zealand practices that reportedly include “massive salaries, made-up sales, and......
This Week in Imaging: Inkjet Driving Production Printing Growth? New HP Hardware, Solutions; More
While last week we discussed the prospects of business inkjet in the office, this week’s PRINT 17 show in Chicago......
After Delay, EFI Reports ‘Record’ Second-Quarter Revenue
Electronics For Imaging (EFI) today reported financial results for its 2017 second quarter, reporting “record” second-quarter revenue of $247.0 million,......
Epson Opens New Inkjet-Printer Manufacturing Facility in the Philippines
Opening ceremony at the new Epson inkjet-printer manufacturing site in the Philippines. Seiko Epson of Tokyo, Japan, today announced......
This Week in Imaging: What’s Boosting HP Printing’s Revenue Growth? You May be Surprised
Last week, we reported on HP Inc.’s second-consecutive quarter of revenue growth. For its third quarter, HP posted third-quarter net......
Nasdaq Sends EFI Warning on Failure to File Quarterly Report
On August 24th, Electronics For Imaging (EFI) reported that it had received a notification letter from the Nasdaq stock exchanging......
Troubled Toshiba Said to be Close to Selling Memory-Chip Business (Updated)
Reuters reports that financially troubled Toshiba Corporation of Tokyo, Japan, is close to selling its $17.4 billion memory-chip business, Toshiba......
HP Posts Second-Consecutive Quarter of Higher Revenue, Raises Forecast
HP Inc. today posted results for the third quarter of its fiscal year, posting third-quarter net revenue of $13.1 billion,......
This Week in Imaging: Secure Networks for Secure Printers and Copier/MFPs; Trouble at Fuji Xerox; More
Printer and copier/MFP security is in the news again this week, mainly due to the recent high-profile business-focused wannacry ransomware......
‘Massive Salaries, Made-Up Sales, Nepotism’ Detailed at Fuji Xerox Australia and New Zealand
According to ProPrint, Fuji Xerox president and its Asia-Pacific president recently apologized to the company’s 400 Australian staff for the......
VC Firm Reportedly ‘Repossessing and Selling’ Photizo Group Assets
The Recycler reports that Meritus Ventures (Meritus), a U.S.-based venture-capital fund will “repossess and sell the assets of the Photizo...
Toshiba Reports $8.8 Billion Loss for Fiscal Year
On August 10th, Toshiba Corporation of Tokyo, Japan, reported a loss of $8.8 billion for its latest fiscal year that......
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