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Xerox hit by weaker equipment sales

Xerox hit by weaker equipment sales

Cost-saving measures provide some relief, but Q3 revenue hit by weaker equipment sales. Xerox Holdings Corp a $1.2 billion (£990 million) loss in the third quarter of 2024 as lower-than-expected sales, delayed product launches, and a one-time goodwill impairment...
Nokia signs patent license agreement with HP

Nokia signs patent license agreement with HP

Nokia announced it has signed a multi-year patent license agreement with HP covering the use of Nokia’s video technologies in HP’s devices. Under the agreement HP will make royalty payments to Nokia. The agreement resolves all patent litigation between the parties, in...
Kyocera’s growth driven by document demand

Kyocera’s growth driven by document demand

A weaker yen boosts revenue, but rising costs and weak components business weigh on profits. Kyocera has posted a modest increase in half-year revenue driven largely by the Document Solutions segment and currency gains from the weakening yen. However, mounting labour...