However, ongoing disruption in component production and supply chain, as well as container shortages, and rising shipping costs will lead to continuing shortages and volatile supply in the distribution channel
HP also announced that its office re-opening will be delayed, and that it will requires employees to provide proof of COVID-19 vaccination.
Total printer hardware shipments down year-over-year, but supplies revenue up 20 percent.
The need for companies to reduce their document-imaging hardware and consumables costs will offer “immense growth opportunities” for the MPS market.
“The lengthening of the supply shortages combined with on-going logistical issues are presenting the industry with some big challenges.”
“We see HP’s withdrawal as a growth opportunity for our channel partners.”
Inkjet vendors continued to record high shipments to cater to ongoing demand and to fill order backlogs.
Market rebounds, despite computer chip shortages, and rising component and logistics costs.
Expect unstable supply, with A4 laser printers said to be most affected.
Not surprisingly, at the beginning of the COVID-19 pandemic in March 2020, most document-imaging companies’ share prices took a substantial......
A look at some financial presentations this week may indicate which company may surprisingly be the first to exit. But any exit is likely to be a long time off.
According to research by International Data Corporation (IDC), the Western European printer and MFP market increased 18.8 percent year-over-year, for......
IDC also reports that due to working from home, laser pages declined sharply, down 16 percent year-over-year in 2020.
At the end of July, HP Inc. announced that it was discontinuing global marketing of its PageWide inkjet A3 and......
HP Inc. led the worldwide Chromebook market with 35 percent market share, and 115.7 percent year-over-year growth.
In June, sales of printers through European distributors were up by 17 percent year-over-year, and revenues were up 21.8 percent,......