News Archive

HP confirms company split

The OEM has officially reported it will split its PC and printing businesses into HP Inc., whilst its software and services offerings will form Hewlett-Packard Enterprise.

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US investors pledge $42 billion to India

Indian Prime Minister Narendra Modi’s visit to the US results in investment pledge as India aims to become a manufacturing hub. The Times of India reported that Modi met with President Obama at the White House and spoke to 11 US business leaders during his visit...

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Xerox sees MEA as a “key market”

The OEM believes that the market for printing “is very much alive and growing” in the MEA. Khaleej Times reported on its interview with Xerox’s Dan Smith, Head of Integrated Marketing for the Middle East and Africa (MEA) region of the OEM’s Developing Markets...

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Pelikan may close toner factory as shares sold

The stationer’s toner powder factory in Switzerland may close, as the parent company sells 25 million shares to Singapore-based investors. AVU (German) reported on the proposed closure of Pelikan Hardcopy’s Monchaltorf toner powder plant in Switzerland, stating that...

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HP reports increased revenue in third quarter results

The OEM reported a slight increase of one percent in net revenue. HP’s results included the aforementioned net revenue increase of one percent to $27.6 billion (€20.7 billion) over the quarter, with operating company net cash up to $4.9 billion (€3.6 billion), a...

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Canon India aims to grow inkjet printer revenue

OEM plans to target students as it aims for to grow its market share to 25 percent. Economic Times reported on Canon India’s plan to “woo” students in its bid to increase its annual inkjet printer revenue to $33 million (€25 million) by bringing out a new campaign and...

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Samsung sues six resellers in Germany

Injunctions ruled against six unnamed resellers in the District Court I Munich for selling and distributing replica toner cartridges. Digital Imaging reported on the patent infringement case issued by Samsung regarding illegal replica toner cartridges which has...

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Everlert brings franking cartridge production in-house

Manufacturer of ink cartridge for the US postage meter industry and sister company of Totalpost to manufacture cartridges domestically from January 2015. Everlert announced the decision to move itsfranking ink cartridge production in-house in a press release,...

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More Xerox jobs cut in New York

Further 123 lay-offs to be made by the OEM in Webster, New York, following 468 job cuts in Texas. Democrat & Chronicle reported that the 123 jobs will be cut “by mid-November” following Xerox’s decision to close its facilities maintenance operations in Webster and...

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