Xerox releases first quarter results

Xerox releases first quarter results

The company published its financial results for the first quarter, recording increased revenue by 2.8% year-on-year. Xerox said in its announcement that balanced execution drove growth in revenue and profits for the first quarter. Total revenue was $1.72 billion, up...
Is the EU shooting remanufacturing in the foot?

Is the EU shooting remanufacturing in the foot?

A new EU regulation enables OEMs to block companies buying their products. The EU Regulation 2022/720 of the 10th. May 2022 on the application of Article 101(3) of the Treaty on the Functioning of the European Union to groups of vertical agreements and concerted...
EU Right to Repair proposal lacks ambition

EU Right to Repair proposal lacks ambition

The Right to Repair coalition (R2R), welcomed the step forward of the “EU Right to Repair proposal”, but notes the EU’s lack of ambition to make repairability an affordable reality. R2R said that the proposal does not address the burning issues of the affordability of...
European Commission adopts “right to repair”

European Commission adopts “right to repair”

The European Commission has adopted a new proposal that aims to make it easier and more cost-effective for consumers to repair products rather than replace them, while also incentivizing producers and sellers to develop more sustainable business models. The European...
Worldwide HCP shipments increased

Worldwide HCP shipments increased

Worldwide hardcopy peripheral (HCP) shipments increased 11.6% in the fourth quarter, according to IDC Tracker. The worldwide hardcopy peripherals market saw overall shipments grow 11.6% year-over-year to nearly 25.0 million units in the fourth quarter of 2022 (4Q22)....