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Japan Offering Companies Incentives to Relocate out of China
The South China Morning Post reports that the Japanese government is offering a group of 87 Japanese companies subsidies worth......
Fitch Ratings Revises Xerox Credit Rating
The firm noted that Xerox equipment sales, which fell 38 percent, may recover as postponed demand is ultimately fulfilled, but that lost post-sale revenue, which declined 34 percent, will likely not be recovered.
Canon, Xerox Appear to be Hit by Ransomware Attacks
Canon Inc. and Xerox and both appear to have been hit by ransomware attacks launched by the notorious group Maze.......
Canon Continues Amazon Toner-Cartridge Take-Downs
This week, Canon Inc. of Tokyo, Japan, continued in its campaign to remove unauthorized, third-party toner cartridges designed for use......
Bucking Trend, Sharp Ekes Out Revenue Growth
Both operating profit and net profits were also an improvement over the previous quarter, as Sharp had reported losses for the previous quarter.
Securities & Exchange Commission Investigating Kodak
According to The Wall Street Journal, the U.S. Securities & Exchange Commission (SEC) is investigating Eastman Kodak’s disclosure of a...
Flex Technology, Synnex Named HP Partners of the Year
This week, HP announced that it had selected two companies for its “Partner of the Year” award, Flex Technology Group......
HP PageWide Presses Reach Key Milestone
HP Inc. announced today that its color-inkjet production printing solution, the PageWide Web Press, has reached a milestone of 500......
Brother Reports Latest Quarterly Results
Brother Industries of Nagoya, Japan, reported results for its fiscal first quarter, the three months extending from April 1 to......
Loss for Ricoh’s Latest Quarter, But Sees Signs of Recovery
The firm also reported on the impact of lockdowns on office page volumes in Europe, the United States, and Asia.
New Managed Print Services for Work-at-Home Printers
At-home remote office workers has resulted in a sharp reduction of pages being printed in the offices – and reduced clicks for dealers and OEM direct sales.
Canon Provides Update on Amazon Toner-Cartridge Removals
On July 31st Canon Inc. of Tokyo, Japan, provided updates on the third-party toner cartridges that, at its request, Amazon......
Steep Declines for Epson’s Latest Quarter
However, net profits for Epson’s Printer Solutions group was actually up 3.8 percent year-over-year.
Xerox Leadership Discusses Revenue Recovery, Work-at-Home
“At this point, we’re predicting a slow gradual recovery the rest of the year.”
This Week in Imaging: Rocky Earnings Week, but Kodak Shares Soar
This week saw the beginning of quarterly earnings releases from office-imaging vendors, with Canon, Kyocera, Konica Minolta, Kyocera and Xerox......
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