Xerox revenue slides amid market pressures

Xerox revenue slides amid market pressures

The OEM reports declining revenue as cost-cutting boosts margins but market headwinds persist. Xerox reported a sharp decline in revenue for both the fourth quarter and full year, as the print and document management company navigates ongoing market headwinds. The...
HP prepares for tariff challenges

HP prepares for tariff challenges

HP diversifies supply chain globally, reducing reliance on China amid potential U.S. tariff impacts. HP Inc. is proactively adjusting its supply chain in anticipation of potential tariffs under the Trump administration. CEO Enrique Lores highlighted that the company...
Lexmark recalls printers over fire risk

Lexmark recalls printers over fire risk

Manufacturer advises immediate halt in usage pending free repair. Lexmark International has announced the recall of 43,510 specialty printers in the United States, citing a fire hazard stemming from a dislodged metal component inside the devices. The recall, conducted...
Hubei Dinglong projects stellar growth

Hubei Dinglong projects stellar growth

Chinese materials firm predicts soaring profits, buoyed by semiconductor boom and innovation. Hubei Dinlong Holdings reported a projected net profit of RMB 490 million to RMB 530 million ($71.7 million– $77.6 million/ €65.3 million– €70.6 million) for 2024. The...