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Lexmark Restructuring Plan to Result in More Layoffs

05.04.2016 World companies news

Company restructuring is haunting Lexmark employees again, this time at its headquarters campus in Lexington, Kentucky, US. According to a notice filed in the city, Lexmark plans to sack 143 employees effective May 25, and the layoffs will be permanent. Despite the announcement, the company claims it is not closing its Lexington offices. Lexmark, one...

Epson’s Objection to Print-Rite’s Suit Rejected

05.04.2016 Patents and Intellectual Property

Epson China and Yichang Chuxing Weye Computer Limited Company have raised an objection over the jurisdiction of the case brought on them by Print-Rite. Last September, Print-Rite, one of the largest remanufacturers in the world, took action in the YiChang Intermediate People’s Court against Epson China (Epson) and Yichang Chuxing Weye Computer Limited Company (Chuxing)....

Foreign Brands Dominate 3D Market, Chinese Play Catch Up

05.04.2016 Marketing

Although foreign brands continue to dominate the fast-growing 3D printer market in China, Chinese vendors are catching up and growing faster. So says IDC who have just launched their China 3D Printing Market Report that provides a market analysis 2014 — 2015, and a forecast for 2016 – 2020. The top five 3D players in...

Ricoh Earns Coveted ENERGY STAR Partner Award

05.04.2016 World companies news

In addition to the many previous environmental awards received, Ricoh has been recognized as 2016 ENERGY STAR Partner of the Year. The U.S. Environmental Protection Agency (EPA) granted the highly coveted 2016 ENERGY STAR Partner award to commend Ricoh’s outstanding contribution to reducing greenhouse gas emissions by manufacturing energy-efficient products, offering sustainable services and solutions,...

Print-Rite Obtains Another Patent on Its Drum Gear

05.04.2016 Patents and Intellectual Property

Print-Rite was granted its first drum gear patent (patent No. US9,170,549) in October 2015. Now, its second PR-2 drum gear patent has been approved by the U.S. Patent and Trademark Office (USPTO) (patent No. US9,274,500) . According to Print-Rite, the highlight of the new patent is the addition of a convex contact surface to the...

Acquisition Deal Finally Done

05.04.2016 World companies news

Following months of back and forth negotiation, Foxconn has finally acquired Sharp Corporation of Japan. According to Bloomberg News, TaiWan-based Foxconn Technology Group will get a 66% stake of Sharp for 88 yen (US $0.78) per share upon the completion of the acquisition. Foxconn Technology Group, the parent company of Taiwan’s Hon Hai Precision Industry, will...

Epson Promises New Offerings Will Maximize Business Productivity

05.04.2016 World companies news

Epson America Inc. has expanded its lineup to incorporate monochrome printers for small, networked workgroups, promising dramatic savings against alternative options. The new release includes Epson Workforce Pro WF-M5694 multifunction and Workforce Pro WF-M5194 single function monochrome printers. Powered by Epson’s next-generation PrecisionCore® technology, both models provide the lowest-cost monochrome printing in their class. Equipped...

Ink Cartridges Subject to Seizure and Forfeiture Order

05.04.2016 Patents and Intellectual Property

The Florida-based United Toner LLC has been issued a Seizure and Forfeiture Order, for violating General Exclusion Order (GEO) related to No. 337-TA-723 investigation. United Toner had been trying to import “certain Inkjet cartridges,” but they were denied entry into the USA by the Bureau of Customs and Border Protection (“Customs”). Customs informed the International...

Update on patent ‘trolls’ in the printing industry

05.04.2016 Patents and Intellectual Property

A legal expert and printing industry professional discussed the issue of patent trolls. Harvey R. Levenson, Professor Emeritus and former Department Head of Graphic Communication at Cal Poly State University, wrote an article entitled The Printing Industry and Patent Trolls, which updates on so-called patent ‘troll’ cases and their “negative impact”. He started by noting that...

Most E-Commerce Sites Only Have 20 Visitors per Day

05.04.2016 Expos and conferences

With a boom in online shopping, manufacturers and retailers are rushing to use various channels to market their products on these platforms. The global print consumables market is no exception.  E-Commerce, albeit dominated by large organizations, is eliminating unnecessary costs from the supply chain and from people who are not really earning. Yet, most online...