This Week in Imaging: The Next Big Thing?

by Kathleen Wirth · January 31, 2025

This week was marked by one of the most cataclysmic events in tech history, the unveiling of China’s DeepSeek AI app, which led to U.S.-based chip-maker Nvidia losing a record $593 billion in market value.

In the document-imaging industry, things were much quieter. Xerox released its fourth-quarter financial results, and while it continues to struggle, there was some indication that things may be on the upswing for the company. In our opinion, its acquisition of Lexmak, set for the second half of 2025, will determine the fate of the company. The future may likely involve two big partnerships facing off against other: Xerox and Lexmark versus the very successful Canon and its OEM partner, HP Inc.

Speaking of Lexmark, the company posted a note on Linkedin that it’s set to announce something “Big” next having to deal with “the next stage in robust, cutting-edge printers and MFPs.” Stay tuned.

This Week in Imaging

Financial News

Print Business Drives Profit and Earnings For Canon Despite Impairment Charge

Revenue Down for Xerox, But Improvement Versus Preceding Quarters

NInestar Updates on Proposed Lexmark Sale, Return to Profit for 2024

Specialty Printers

TROY Partners with Epson for Secure Printing Solutions

Commercial and Photo Printing

Canon Adds Next-Gen Photo Printer for Professionals and Prosumers

Managed Print Services

MPS Monitor Reports Record Growth for 2024

Executive Management