Category: Financial News

Ricoh Dismisses Reports of Layoffs, Unit Sales

The Nikkei-Asian Review also said that Ricoh would be  as well selling a logistics unit in Japan, and an “aging factory for copiers and other office equipment, as well as recording “tens of billions of yen worth of impairment losses,”and setting aside “at least ¥200 billion” for mergers and acquisitions.

Looking for Bigger Bite of A3 Copier/MFP Market, HP Aims for 12 Percent Share by 2021

“We have now created a larger print family, which will help us address the $55 billion A3 market opportunity along with adding capabilities and revenue in A4,” said Weisler. “The integration efforts and key initiatives are on track. We are joining teams, combining our product portfolios, on boarding new partners, rationalizing SKUs, and streamlining processes.”