The OEM plans to repurchase up to $500 million (€ 427 million) of shares in 2018, reports on Q2 2018 results and establishes business priorities. Xerox’s Vice Chairman and CEO John Visentin today outlined his business imperatives to transform the company with an...
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Lexmark opens up Virtual Solution Centre
The OEM’s platform was originally only open to its channel partners, but has now broadened its customer base. The Lexmark Virtual Solution Centre (VSC) was introduced in 2008, to allow its partners to use Lexmark solutions, update firmware, and configure the...
Year-on-year drop for 3D printers
Shipments of Personal/Desktop 3D printers suffered a year-on-year drop for the first time in Q1 of 2018, with a fall of 3 percent, according to new data released by CONTEXT. However, in the Industrial/Professional segment – which accounts for 81 percent of all global...
SCC announces Zhang as CFO
Static Control Components, the largest manufacturer of aftermarket imaging systems and components, has hired former IBM man Jerry Zhang as its new Chief Financial Officer. “I’m excited to be a part of this team,” Zhang declared. “Static Control has been a successful...
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SCC acquires Hobs On-Site
M2’s parent company, SCC, has announced the acquisition of Hobs On-Site Limited. Hobs On-Site are the business processing outsource division of the Hobs Group. The new business will be renamed M2 Managed Document Services and sit alongside M2, SCC’s existing...
Brother can spare a dime
The OEM has published its consolidated financial results for the 2017-18 fiscal year, with plenty of positive news for the Japanese corporation. Brother saw its total revenue for the FY2017-18 (ended March 31st) hit ¥712.9 billion ($6.5 billion/€5.47 billion), an...
OKI reports drop in net sales
The company has posted its financial results for FY2018, and revealed a drop in net sales, but an increase in both operating and ordinary income. OKI has revealed its latest financial results for the last fiscal year, ending March 2018, reporting net sales of ¥438...
Toshiba joins forces with XMedius
Toshiba America Business Solutions has announced a new partnership with XMedius Solutions, Inc., a specialist in enterprise communications solutions, which will provide Toshiba’s clients with a “secure, reliable and efficient” fax over IP solution....
Kyocera in new Bosch alliance
The OEM has signed a new license agreement with Robert Bosch Car Multimedia GmbH, a subsidiary of global technology and services supplier Bosch. The agreement allows Bosch access to Kyocera’s patented haptic feedback technology, which it will use in its automotive...
Empty ink cartridges scam is afoot
The Recycler has been approached by remanufacturing industry members, alerting us to a new ink cartridge empties scam.