by stefanie | Jan 31, 2025 | City News
Printer sales hold up, but declining ink revenues and price erosion weigh on profits. Seiko Epson Corporation reported a 23.3% decline in business profit for its third quarter, as falling ink revenues and printer price erosion overshadowed strong sales of...
by stefanie | Jan 29, 2025 | Products and Technology
Epson announced new TROY Group document security solutions powered by Epson PrecisionCore Printing Technology. Epson America, Inc. announced TROY Group created two on-demand printing solutions designed specifically to enhance document security using Epson business...
by stefanie | Jan 29, 2025 | City News
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...
by stefanie | Jan 27, 2025 | Around the Industry
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...
by stefanie | Jan 17, 2025 | Around the Industry
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...
