“Fierce without footprint” – HP announces its most compact enterprise-class printer/MFP series, the HP LaserJet Enterprise 400 Series.
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HP executives discussed modernizing print for the full or part-time home worker, securing and managing new distributed print fleets, and its focus on cultivating a contractual business model.
Ricoh Company reports losses for its latest financial results, but sees some improvement in latest quarter, and maintains forecast.
Fueled by work-from-home, Brother reported solid nine-month and third-quarter results.
Konica Minolta reports losses for latest nine-month period, but also reports improved quarterly net revenue, higher A3 sales.
Kyocera’s financial results were down year-over-year, but there was improvement in its latest quarter.
Epson announced financial results for its latest quarter, with results better than expected, and also raised its forecast.
Canon is also forecasting a recovery for its financial results in 2021, forecasting for instance, that demand for its office MFPs will increase and print volumes will recover.
Sequentially, however, Xerox fourth-quarter net revenue increased versus the third quarter, although net income and EPS declined.
One of the most innovative approaches office-imaging dealers have taken to diversification is exemplified by Novatech, with its Managed Office portfolio.
Probably the biggest question is whether, like many office-imaging companies, Xerox will continue a revenue recovery that began in its third quarter – as well as reverse many quarters of declining revenue.
North America will account for the majority of global MPS growth, but Europe, Russia, Asia, and Southeast Asia are the fastest-growing markets.
Two new market-research reports dramatically illustrate the profound impact of the COVID-19 pandemic and remote work and education.
Canon adjusted its forecast to reflect higher sales, and some market recovery in the third quarter.
Across the world, there were massive shifts to online tools in all aspects of human life, including collaboration, virtual business events, entertainment, shopping, telemedicine, and education.
By December 2025, Canon is aiming that four new business will make up 40 percent of its sales, compared to 25 percent in 2019.