by stefanie | May 2, 2025 | City News
The company grows sales in key printing segments but faces headwinds from forex and tariffs. Seiko Epson reported full-year revenue of ¥980.1 billion ($6.3 billion/ €5.9 billion) from its printing solutions segment, a 6.7% rise year-on-year. However, while sales of...
by stefanie | May 2, 2025 | World Focus
Reinvention strategy cushions losses as print revenue drops and IT growth surges. Xerox reported a narrower first-quarter loss despite continued weakness in its core print business, as its IT services segment more than doubled revenue following the ITsavvy...
by stefanie | Apr 25, 2025 | City News
Canon reported record first-quarter sales and operating profit but warned that new US tariffs could dent full-year performance. The Tokyo-listed company said on Thursday that net sales for the three months to March rose 7.1% year-on-year to ¥1.06 trillion ($6.8...
by stefanie | Mar 13, 2025 | Around the Industry
Brother Industries, Ltd., Ricoh, Epson and Kyocera announced that they were selected for the “Clarivate Top 100 Global Innovators 2025” as one of the 100 organisations leading the world in technology research and innovation. Clarivate Top 100 Global...
by stefanie | Feb 28, 2025 | City News
HP Inc. has posted mixed first-quarter results, with printing sales sliding and restructuring costs mounting. HP Inc. reported a 2.4% rise in first-quarter revenue to $13.5 billion (€12.5 billion), boosted by strong demand for AI-powered PCs. However, the US...