Canon releases first quarter FY2024 results

Canon releases first quarter FY2024 results

The company has recorded declines in imaging sales amidst a more challenging than expected business environment due to global economic slowdown. Canon reported that in the first quarter, the challenging competitive environment surrounding inkjet and laser printers...
Xerox releases first-quarter results

Xerox releases first-quarter results

In the first quarter of 2024, Xerox implemented organisational redesign. During the quarter, Xerox took initial actions to unlock savings associated with a simplified product offering and global routes to market, including the decision to exit certain Production Print...
Canon releases first quarter FY2024 results

HP revenue down in first quarter of FY2024

HP Inc. and its subsidiaries (HP) announced fiscal 2024 first quarter net revenue of $13.2 billion (€12.18 billion), down 4.4% year-on-year. Personal Systems net revenue was $8.8 billion (€8.12 billion), down 4% year-over-year with a 6.1% operating margin. Consumer PS...
Indonesia’s HCP market down 1.06%

Indonesia’s HCP market down 1.06%

Indonesia’s Hardcopy Peripherals (HCP) market is down 1.06% in the fourth quarter of 2023 ahead of a political year, says IDC. Recent data from the IDC Worldwide Quarterly Hardcopy Peripherals Tracker indicates a slight year-on-year (YoY) decline for Q4 2023 in the...
Toshiba reports third quarter results

Toshiba reports third quarter results

Toshiba Tec Corporation has recently disclosed its financial results for the third quarter of FY2023, showcasing a mixed performance across its various business segments. The company reported a notable increase in net sales, achieving ¥396.7 billion ($2.68 billion/...