Printers, MFPs, Copiers on List for September 1st Tariff
The USTR stated that it intends to conduct an exclusion process for products subject to the additional tariff.
Category: Featured Posts
New Canon Survey Reveals Vulnerabilities in Companies’ Security Strategy
Almost 9 out of 10 IT professionals believe a data breach will equate to 50 percent or less of annual revenue; however, actual costs could potentially range from 1 to 7 years of annual revenue
Revenue Down for Fujifilm’s Quarter, but Forecasts ‘Record High’ Net Income
On August 8th, Fujifilm Holdings of Japan – which last year failed in a complicated merger deal to acquire Xerox......
Clover Refutes Report That It’s Been Sold
Clover stated that it has “substantial liquidity” and a “healthy sales pipeline.”
Toshiba Reports Loss for First Quarter
Net sales for Toshiba’s Retail & Printing Solutions group were ¥118,297 million, versus ¥116,973 million for the same quarter a year ago
Microsoft Warns of Russian Operatives Using IoT Printers to Hack Networks
“These devices became points of ingress from which the actor established a presence on the network and continued looking for further access.”
Sharp Rolls Out New A3, A4 Lineup
New models consist of 11 workgroup models that support 11″ x 17″ media and two desktop models that support letter-legal-size media.
This Week in Imaging: Latest Financial Round-Up: Lower Sales, Profits
This was a significant week in the office-imaging industry, with multiple vendors reporting lower sales and profits, and warning of a slowing economy.
Sales, Profits Down for Sharp’s First Quarter
In the first quarter, sales for Sharp’s 8K Ecosystem group (which includes copier/MFPs) were down 9.8 percent year-over-year to ¥262.5 billion
Slow Sales, But Higher Profits for Ricoh’s First-Quarter
Sales in the Americas decreased by 2.3 percent year-over-year due to the decline of sales in the Office Printing group, although sales in the Commercial Printing group were up.
Xerox Focusing on Growing Software, Services to Reverse Revenue Trajectory
Xerox expects that about a third of its XBS locations will begin offering IT services by the end of 2019.
Sharp Decline in Operating Profit for Konica Minolta’s First Quarter
Operating profit plunged to ¥0.5 billion, a decline of 96.4 percent year-over-year.
Revenue Down but Net Income up for Xerox’s Second Quarter
Xerox stated that its Project Own It cost-cutting program contributed some $640 million of savings thus far in 2019.
This Week in Imaging: Toner Wars, Clover, Canon, More
The aftermarket printer-supplies wars continued this week, with the Daily Monitor reporting that Ughandan government authorities confiscated five tons of...
Canon Reports Results for Second Quarter
Citing the impact of the U.S.-China trade war and other factors, the firm said it doesn’t see any signs of improvement in the business environment, and lowered it forecast for its fiscal year.
A Look at Sharp’s Earnings’ Recovery Since Foxconn Acquisition
In 2016, giant electronics contractor Foxconn – also known as Hon Hai Precision Industry and headquarted in Taiwan – acquired......
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