HP announced new JetAdvantage Apps, JetAdvantage Link Platform, A3 and A4 printers and MFPs, low-melt EcoSmart toner, and more.
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Xerox also reported that, this month, it had entered into a shared services agreement with HCL Technologies, under which it will seek to outsource certain global administrative and support functions
Key among the new models upgrades is enhanced security – including security features typically only found with HP’s enterprise models.
The proposed reorganization comes just a few weeks after a New York judge’s decision not to dismiss Fujifilm’s $1 billion lawsuit against Xerox.
At its two-day 2019 dealer conference this week, Konica Minolta Business Solutions USA announced its latest initiatives to help its dealers transition to new technologies and businesses, while reinforcing their traditional printer and copier business.
In office printing, HP is expanding its contractual A3 business with the introduction of document-finishing capabilities on a range of systems.
CEO Dion Weisler cited increased economic uncertainties and price sensitivity among its customers for weakness in its printing business.
A Manhattan federal judge has rejected Xerox’s request to dismiss Fujifilm’s $1 billion lawsuit against Xerox, stating that one of Xerox’s arguments was “thoroughly unpersuasive.”
The U.S. administration claims that the tariffs are for protecting the United States’ national security, as it did last year when it placed tariffs on foreign steel and aluminum.
Two sources “with knowledge of the restructuring” said Xerox plans to close roughly half of the XBS locations across the country, keeping the 40 geographical “core” businesses intact, but closing many of the smaller field offices.
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Relationship with Fuji Xerox also said to be stable.
“By simplifying our operations, instilling a culture of continuous improvement, investing in growth areas and capitalizing on new and adjacent market opportunities, we anticipate that we can achieve flat to growing revenue by 2021.”