Xerox Reports $1.0 Billion Impairment Charge for Third Quarter, Slashes Revenue Forecast
Product delays affect equipment sales, but expects to grow market share in 2025 with new product launches.
Category: News
Funai Electric Bankruptcy Plan Receives Approval
Company had purchased part of Lexmark’s business back in 2013 for approximately $100 million.
Anneliese Olson to Lead HP’s Imaging, Printing and Solutions Business
HP Inc. announced today that on October 18th, the company’s board of directors appointed Tuan Tran as the new president......
This Week in Imaging: Windows 11 Update Features Windows Protected Print Mode
With Microsoft currently rolling out its Windows 11 24H2 update, one thing of interest for the print world…
Canon Reports Another Excellent Quarter, Forecasts Record Net Sales for Year
Canon Inc. of Tokyo, Japan, today reported results for its third quarter…
Global 3D Industrial Printer Shipments Plummet, While Entry-Level Shipments Take Off
Second-quarter 2024 results for global 3D printer shipments mirrored the trend from the first quarter, with year-over-year (YoY) declines in......
Led by GenAI Spending, Worldwide IT Spending Forecast to Grow 9.3 Percent in 2025
“CIOs will begin to spend on GenAI, beyond proof-of-concept work, starting in 2025.”
Quocirca Names Leaders in Managed Print Services Market
Market-research firm Quocirca has named the leaders in Managed Print Services (MPS) with the publication of its report, “The Managed......
Xerox Named Official Equipment Supplier to New York Islanders, UBS Arena
Xerox has been providing the New York Mets with assistance for the teams’ printing and document processing…
Brother Factory Achieves Carbon-Neutrality Status
In a significant environmental milestone, Brother Industries of Japan announced…
Fujifilm Continues Expanding Distribution of Apeos Printers and MFPs
Fujifilm recently announced distribution of its office printers and MFPs in the United States, but it’s also continuing to expand…
Ricoh Opens Industrial Print Center in Europe
Like many other office-print companies, Ricoh continues to diversify, announcing for instance…
This Week in Imaging: A Closer Look at Ricoh’s New A4 ‘Hybrid’ Models
Not too long ago, traditional copier companies provided A4 printers and MFPs that were really just afterthoughts. These A4 models......
Xerox to Acquire U.S. IT Services Company for $400 Million
Acquisition will aid company in focusing on one of its core businesses, IT services.
New Ricoh A4 Color Models for Remote and Office Work Environments
“By integrating our leading imaging technology with our innovative workflow solutions, these new A4 models are ready to support the distributed workforce that is defining the hybrid workplace.”
Lexmark’s Optra IoT Platform Helps Heating and Cooling Provider Keep Things Comfortable
If there’s one thing printers and copier/MFPs require, it’s monitoring them to make sure they’re up and running – that is, that they have enough toner, ink, and paper, and that no errors have occurred…
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