Fourth Quarter Sees Slumping Demand, Revenue for HP’s Print and PC Businesses
Announces cost-savings plan, layoffs.
Announces cost-savings plan, layoffs.
Brother / Canon / Epson / HP / Market Reports & Forecasts / News
by Kathleen Wirth · Published November 15, 2022
Some printer/copier companies continue to struggle to meet demand due to low product inventory.
Company reports on new additive-manufacturing applications and previews new Jet Fusion 5400 Series.
The good news is that most companies are reporting improvements for their latest quarters, but we are still in wait-and-see mode when it comes to complete recovery.
“Hybrid work is here to stay, and we are excited to strengthen our portfolio of Zoom Rooms systems powered by Poly and HP to deliver true meeting happiness.”
“The CHIPS Act gives us an opportunity to look at ways we can bring back some of the investments we’ve made overseas and bring those back…”
Workforce solutions are said to represent a $120 billion segment opportunity as companies invest in technology for the hybrid workplace.
HP is streamlining its digital printing activities in Israel by making Scitex part of the HP Indigo Division.
Canon / Commercial & Production Printing / Epson / Featured Posts / HP
by Kathleen Wirth · Published October 21, 2022
Not too long ago, only a few document-imaging companies, had expanded beyond office print; now, virtually all are involved in production and commercial print.
Commercial & Production Printing / Featured Posts / HP / News
by Kathleen Wirth · Published October 19, 2022 · Last modified October 20, 2022
Firm also reports that, to date, HP PageWide commercial presses have printed 750 billion pages.
Commercial & Production Printing / HP / Inkjet / News
by Kathleen Wirth · Published October 19, 2022
HP Inc. today announced its new Latex 2700 Series of wide-format color-inkjet latex commercial printers, which it says are designed......
“After four years of fast-paced hardware and software development, Xerox has made the unfortunate decision to cease all new development and sales…”
However, PC shipment volumes remain well above pre-pandemic levels.
HP Inc.’s Ernest Nicolas discussed the company’s plans for achieving supply-chain resilience in the wake of the COVID-19 pandemic and supply-chain disruptions.
This has been a slow week for news in the document-imaging industry…
New press features the next generation of HP Thermal Inkjet PageWide print heads.
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