In what should probably surprise no one,The Epoch Times reported this week that Ricoh is shifting some of manufacturing out of...
Category: Financial News
EFI indicated that its results were affected by weakening economic conditions experienced across its direct businesses, with customers delaying spending on capital equipment and software, which materially reduced EFI’s close rates at the end of the fourth quarter.
HP said tariffs announced by the United States on products imported from China and implemented through September didn’t have an impact on the company during the fourth quarter.
Nuance will spin off its Automotive segment into a new, independent, publicly traded company.
Toshiba TEC of Japan has reported results for the first half (April 1 to September 30, 2018) of its fiscal...
Toshiba’s five-year strategy calls for the sale of two business and 7,000 job cuts.
In Brother’s Printing & Solutions group, sales were down 0.3 percent, but operating profit was up 29.0 percent.
Kyocera said the gains were due to contributions from merger and acquisition activities and increases in sales generated by its Components Business and Document Solutions Group.
Printer sales exceeded OKI’s expectations, although they slightly declined year-over-year by 1 percent.
Among Epson’s strategies is to expand and enhance its lineup of high-capacity ink-tank inkjet printers.
In the office products business unit, the number of sales of monochrome A3 MFPs declined year-over-year, but sales of color models grew considerably, resulting in an overall increase in sales volume.
Operating profit for the Smart Business Solution segment was 9.0 billion yen, down 7.3 percent versus the same period a year earlier.
While sales in the Office Service segment, Industrial Printing segment, and Thermal Media segment increased, sales in the Office Printing segment decreased as compared to the previous corresponding period.
Sales of office MFPs increased from the same period a year ago, supported by such color models as the next-generation A3 color imageRUNNER ADVANCE series.
“Our leading expertise in technology and printing uniquely positions us to move into adjacencies that share similar core technology requirements. For instance, we are developing a roadmap to participate in 3D printing.”
Several months after the resignation of much of the Xerox board and resignation of former Xerox CEO Jeff Jacobson, Xerox reported today that revenue had dropped 5.8 percent to $2,352 million, versus the third quarter a year ago.