Lexmark’s announcement to exit the inkjet printer industry and reduce its global workforce by approximately 13 percent is “[an admission] that the market for inkjet printers was so bad that it was best to get out before things got any worse”.
Aftermarket franchise will embark on a two-month fundraising campaign for the charity in North America. Cartridge World North America has announced that its stores will be participating in a fundraising scheme for the National Breast Cancer Foundation in a bid to...
Remanufacturer of printer parts makes the Inc. 5000 list of fastest growing private companies in the US for fifth consecutive year. Inc. magazine has included Metrofuser in its list of 5,000 fastest growing private companies in the US, with the company ranking 4,156...
OEM informs Bombay Stock Exchange (BSE) that it will voluntarily delist its equity shares. The announcement follows a board meeting held on 29 August in which Ricoh India’s Board of Directors “considered and approved” a Postal Ballot Notice containing the special...
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CEO and Co-President joins list of suppliers, communities and individuals making substantial claims against the ailing OEM. CEO Antonio M. Perez is among the list of top current and retired Kodak executives submitting claims as unsecured creditors, joining a...
Economic growth in region attracts ink manufacturers. Ink World magazine reports on the growing popularity of Latin America with ink manufacturers, as numerous companies expanding their operations into the region. One such manufacturer is Siegwerk, which has set up...
Canon Group in the Philippines to build upon current 1,500 employment figure, aiming for 6,000 employees in the region by 2013. According to an article on Philippine news website mb.com, the OEM is planning to open a new P20 billion ($478 million/€386 million) laser...
Confederation of British Industry (CBI) publishes report calling on UK politicians to adopt more green initiatives to boost GDP. The new report by CBI Director General John Cridland, titled “The colour of growth: maximising the potential of green business”, claims...
The seven-strong private jet fleet utilised by HP executives is currently maintained by the OEM despite slashing the global workforce by eight percent. HP will be retaining the company private jet fleet speculated as costing $30 million (€23 million) to maintain...
Managed print services suggested as reason for decline in India printer market in Q1 2012. Itvoir.com reports that the Indian printer market has suffered a decline of 13 percent in the page printer market and over 3.3 percent decline in the inkjet printer market in...