Top News for the Week of 2/3/2014 – Good News from Japan; Samsung Brings BusinessCore to U.S.; More
The theme this week in the digital-imaging industry was encouraging financial results from Japanese vendors, including Ricoh, Konica Minolta, Sharp, OKI, and Epson, as they reported results for their third quarter.
All of the companies cite the weaker yen as aiding them in their net sales results. The weaker yen makes Japanese products are more affordable for overseas buyers, and imports more expensive for domestic Japanese buyers (something that has not gone over well with the U.S. auto industry as you might suspect). The weaker yen is actually part of “Abenomics.” Abenomics is the name given to economic measures introduced by Japanese Prime Minister Shinzo Abe (below) after his December 2012 re-election. The goal of these economic policies was designed to invigorate Japan’s sluggish economies with three policies: massive fiscal stimulus, more aggressive monetary easing from the Bank of Japan, and structural reforms to boost Japan’s competitiveness.
The Japanese company Funai Electric Co. Ltd. that purchased Lexmark’s inkjet business plans to open a facility in Lexington, Kentucky.
Solutions and Services
- Fujitsu launches an innovative new service, rent-a-scanner, that lets you rent a Fujitsu “fi-series” document scanner.
- PrintFleet has been in the news lately. Its latest announcement is that its remote print-management solution is now available for Epson business-class color inkjet printers and All-in-Ones.
- Omtool pulls off a sweet strategic partnership and announces that it will provide document-capture and workflow solutions for Samsung devices, tablets, and MFPs.