by stefanie | Oct 30, 2024 | City News
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...
by stefanie | Oct 30, 2024 | City News
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...
by stefanie | Sep 26, 2024 | Around the Industry
Office equipment tech manufacturer Sharp Imaging and Information Company of America (Sharp) recently received an unprecedented number of nominations for 9 out of 14 Frank Awards, more than any other OEM in the industry this year. The nominations for the annual office...
by stefanie | Sep 19, 2024 | World Focus
Worldwide hardcopy peripherals (HCP) shipments decreased 1.5% year-over-year in the second quarter of 2024, according to IDC. Worldwide shipments of hardcopy peripherals declined 1.5% year over year to nearly 19.2 million units in the second quarter of 2024 (2Q24)....
by stefanie | Aug 12, 2024 | City News
Sharp’s printer business thrives despite challenges in display and electronic segments. Sharp Corporation’s printer segment has emerged as a standout performer in the first quarter of fiscal 2024, with the Smart Office division—encompassing the printer...