Epson High-Capacity Ink-Tank Printers Achieving 40% Sales Growth; Plans New Print-Head Factory to Meet Demand
Seiko Epson of Tokyo’s Akita Epson subsidiary reports that it’ll invest a total of approximately 3.4 billion yen (approximately $28 million U.S.) for construction of a new factory to increase production capacity of inkjet print heads Construction will begin in November 2015. The new factory, which will begin operations in the autumn of 2016, will triple Akita Epson’s current print-head production capacity.
Epson’s printing-solutions business provides products and services are based on Epson’s Micro Piezo inkjet-printer technology and targeted at customers in the consumer, office, commercial, and industrial printing markets. The new factory at Akita Epson will manufacture and assemble inkjet print heads, the core devices used in Epson’s high-capacity ink-tank printers and business-inkjet printers.
Epson is also reporting that sales of its high-capacity ink-tank printers were strong in the 2014 fiscal year (ended March 31, 2015), with annual unit shipment growth topping 40 percent, and expects future strong growth in demand.
“Akita Epson is an important domestic production site with advanced technological capability and a close working relationship with Epson’s corporate R&D function,” said Takashi Mitsui, president of Akita Epson. “We make a significant contribution to the manufacturing capability of the entire Epson Group, sharing with Epson’s overseas manufacturing plants the technical expertise we have gained from manufacturing core devices. By using Epson’s original production equipment and automating and rationalizing production lines, the new plant will further raise our production capability.”
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- August 2015: IDC: Printer/MFP Market Down in Second Quarter, but Epson Outperforms All Vendors for Second Quarter in a Row
- August 2015: First-Quarter Income Down for Epson, but Printer Revenue Remains Healthy
- August 2015: New Epson EcoTank Inkjets Said to Print up to Two Years Without Needing Ink Replacement
- May 2015: Bolstered by Inkjet Revenue, Epson Reports Robust Financial Results
- January 2015: Revenue, Income up for Epson’s Third Quarter; Ink-Tank Printers Lead Revenue Growth
- January 2015: Epson Brings Business Inkjets with Replaceable Ink Packs for Printing Up to 75,000 Pages to the U.S.