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...
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...
Sharp nominated for nine Frank Awards

Sharp nominated for nine Frank Awards

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...
HCP shipments decreased 1.5% YoY

HCP shipments decreased 1.5% YoY

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)....
Sharp’s printer segment posts strong growth

Sharp’s printer segment posts strong growth

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...