Epson introduces new series of printers

May 25, 2016

Epson logoThe WorkForce 2700 Series of business printers are said to be “fast and versatile”.

The OEM has launched the new all in one printers “designed for home use” reported PR Newswire. The WF-2760 and WF-2750 use wireless technology and Epsons PrecisionCore which enables more “professional documents at fast print speeds”. Compatible with a wide range of mobile printing options it is said to be easy to use and increases productivity with a “150 sheet paper capacity”. Documents can be scanned and saved to cloud for easy access.

“The Epson WorkForce printer portfolio is designed to meet the needs of a wide range of businesses and the new WF-2700 printers are fast, reliable and versatile offering easy to use features ideal for home offices,” said Steve Michelle, Product Manager, Printers, Epson America. “In addition to the convenience enabled by a range of wireless printing options, the WF-2700-Series delivers the high quality prints for which Epson is known, due to the incorporation of PrecisionCore technology.

The Epson WorkForce WF-2760 $129.99 (€115) and WF-2750 $99.99 (€88) will be available in June 2016 through major computer, office and electronic superstores, mail order, and the Epson Store

 

 

 

 

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Epson expect stronger sales and greater exports.

May 23, 2016

Economic growth has encouraged sales in the Philippines.Epson logo

Due to an economic upsurge in the domestic sector, Epson Precision Philippines Inc. believes sales will be greater than those of its counterpart in the region, reported The Standard. Epson’s Head of Marketing Division, Ed Bonoan, said, “We are quite bullish about this year. The past few years we’ve been blessed with good economic growth, which spurred demand for our products. So, the same thing also [for this year], it looks like the Philippines is expected to be one of the leaders in growth in terms of countries with regards to its neighbours. The economy seems be doing well and it’s suspected to do well, we also expect that we will be able to take advantage also of the demand generated by good economic situation.”

The economy is expected to grow this year 6.8 percent to 7.8 percent, as measured by the gross domestic product. Bonoan said that “Epson Philippines expects revenues to expand by double digits this year, driven by higher sales of inkjet printer and projector”. He also stated that, “We are doing a lot of sales with regards to inkjet and we are still expected to grow in terms of our market share, [but] I cannot share how much we will grow in terms of market share. We expect that business condition will be a good driver for growth and also our readiness in terms of competition put us really at an advantage that why we are also help propel our growth,” adding that “ Epson planned to expand operations in Visayas and Mindanao”.

Earlier Epson said that it anticipated to start operating the new plant in Batangas by 2017 so that they could increase manufacture of ink jet printers and projectors for “local market and exports to the US, Japan and China”. The new venture in Lipa City started construction last year and is expected to increase the volume of production yearly by 1.2 million units of printers and projectors. The current manufacturing plant produces 6 million a year. The facility is installing solar power as a generation system on the roof of the new factory to help save electricity and power

“Geographically we are seeing a lot of growth in provinces, so there’s a lot of room for expansion in provinces which [is] exactly [where] we are going. We are doing a lot of ramping up for our initiatives, not only the major cities but secondary cities,” declared Bonoan.

 

 

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New printing package launched by Epson

May 23, 2016

The new printing package comes with fixed fees and is aimed at small businesses. Epson logo

The new Print365 is a “fully-serviced printing package with low, fixed fees” said Dealer Support in a news release. This means that IT resellers can provide additional value to consumers without “servicing a managed print service contract”.

The new service uses a new straight forward contract, (similar to mobile phones), and applies this to the MPS which is designed for “SME end users” and can be bought from IT resellers. Everything is covered within a 36 month contract so there are no hidden costs. The report says that, “Print365 saves time and money spent finding the right supplies, buying online, keeping stock and paying invoices”.

Paul Steels, Vice President, Business, Epson Europe, said: “We want to deliver our channel all the tools and support to offer Managed Print Services to their SME end-user. Print365 enables them to protect their existing customers while adding additional profit. It offers a state-of-the art reseller portal, including assessment, quotation, dashboard and service functionalities, so the reseller only has to manage their customer relationship.”

 

 

 

 

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Epson reports mixed yearly results

May 11, 2016

Epson logoThe OEM saw a slight increase in revenue, and then declines across the board in profit.

In its results, Epson stated that revenue had increased year-over-year by 0.6 percent, from ¥1.086 trillion ($10.008 billion/€8.756 billion) to ¥1.092 trillion ($10.064 billion/€8.805 billion), though profit fell from ¥101 billion ($933 million/€816 million) to ¥84,951,000,000 ($782 million/€684 million), a drop of 16.1 percent. Its more comprehensive results document meanwhile gave further information and details on the full year’s information, including printing unit performance.

The OEM reported that “inkjet printer demand was flat year-on-year in North America and Europe”, while wide-format inkjet printer demand “was firm in North America and Japan, but demand in Latin America was subdued due to the effects of economic deceleration”. The printing solutions segment saw “printer business revenue increase”, thanks to “foreign exchange effects”, while inkjet printer revenue also grew “despite a decline in ink cartridge printer shipments”.

Revenue increased, Epson commented, “because we continued to rapidly expand sales of high-capacity ink tank printers in Asia and elsewhere by reinforcing the line-up and expanding the sales territory”. For consumables, revenue also increased, and the OEM claimed this was due to “an improve install base composition”. In page printers, revenue fell “due to the result of Epson’s focus on selling high-added-value models and due to a decrease in revenue from toners”.

Finally in the unit, wide-format revenue fell “as sales were weighed down by the effects of steep currency devaluations and economic deceleration in Latin America, China’s slowing growth, and stepped up price-cutting by competitors in the large photo and colour proof printing markets”. Despite this, inkjet textile printer revenue grew, and for the unit, Epson reported that revenue was ¥736.3 billion ($7 billion/€5.9 billion), up by 0.8 percent year-on-year, though segment profit was ¥104.7 billion ($964 million/€843.5 million), declining by six percent compared to last year.

 

 

 

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Ninestar announces “amicable settlement” with Epson

May 11, 2016

ninestarpackThe company’s customers in Japan reached settlements with the OEM over a series of IP infringement cases.

In a statement on its website, Ninestar commented that it was “pleased to announce that Nihon Ninestar, Color Creation and OHM”, which it called “Japanese customers of Ninestar”, have “reached amicable settlement agreements” with Epson that “resolve the patent infringement litigations and relative court proceedings” concerning two Japanese patents – JP4144637 and JP5158277.

The company added that it “respects intellectual property owned by third parties as always, and also will reinforce the protection of its own intellectual property. Further, Ninestar will continually devote itself in development and innovation to provide customers and end-users with environmental and innovative products with high-quality in all of the world”.

 

 

 

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Epson releases new WorkForce printers

May 5, 2016

workforce-pro-primters-850x476The printers are advertised as having low running costs compared to laser mono printers.

Businesses across all sectors still communicate using paper despite the curb on hard copy, reports smallbiztrends. The site added that “the new Epson’s Workforce Pro printers address this need with a line of products that are more cost effective compared to laser mono printers.

According to Epson, the WorkForce Pro WF-M5694 MFP and WorkForce Pro WF-M5194 single function monochrome printers “provide the lowest-cost monochrome printing in their class”, with the site adding that “they have been designed to maximise business productivity for small business and small networked groups”. SMBs using wired or wireless connection could share networks and “go as high as 500” on the same network, and instead of investing in office grade mono laser printers, the WorkForce printers can provide high volume monochrome printing that these groups need.

The news site notes that “Epson was able to achieve this by integrating its precision inkjet technology, PrecisionCore”, which can deliver “high-speed printing with superior output quality and durability using inkjets”. The company says these printers have the “same functionality and productivity as competing lasers, but without the cost while producing laser-sharp text on a wide variety of media with its DURABrite Ultra Ink”.

The printers include “IT admin tools, security features and network configuration”, using built-in “wired and wireless connectivity as well as Wi-Fi Direct, print from smartphones, tablets and the cloud”. Printer connection is protected by “secure PIN printing, user access control and web configuration” and the WLAN security has WEP 64 Bit, WEP 128 Bit and WPA PSK (AES) “encryption with network management protocols” that include SNMP, HTTP, DHCP as well as others.

The M5000 series has a 10,000-page cartridge yield and up to 580 sheets maximum paper capacity with fast print speeds of 20 ISO ppm, while the WF-M5694 supports auto two-sided printing, copying, scanning, and faxing. The WorkForce Pro WF-M5194 has an MSRP of $209.99 (€183), while the WorkForce Pro WF-M5694 has an MSRP of $399.99 (€349) and both are now available.

 

 

 

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Epson increases Chinese market focus

May 5, 2016

The OEM wants to expand its existing market with robotics and wearable devices.b083fe955aa11894c8ef09

According to China Daily, demands in the Chinese market are changing, and Epson is stepping up its technology to embrace this, not only in “traditional fields” but also in “robotics and wearable devices”. Minoru Usui, Epson’s President and CEO said that “China is changing dramatically. It has been growing fast for the past few years and is now very stable. We are focusing on two categories; production and sales in China”.

He also commented that his “confidence in China is based on strong sales of Epson products, including inkjet printers and projectors which have sustained a steady growth”. The OEM’s share of the Chinese inkjet market, according to corporation statistics, was 30 percent in 2015 and the projector business has, for the last five years, been rated number one at 20 percent.

The company will “continue to promote its inkjet printers which are more environmentally friendly” instead of the laser models, Usui said, adding that it will be “using its PaperLab technology that takes used paper and creates new sheets to provide buyers with a complete office printing and papermaking ecosystem”.

Because of a shortage of workers and a need for more intricate production, Usui acknowledged the need for more robots to enhance and improve production development. Company sales of robots went up 78 percent, according to industry statistics, compared to 2014. Factory workers producing electronics are assisted by these devices to “deliver more quality products and improve efficiency and accuracy of assembly lines”, it is claimed.

He stated: “We not only concentrate on smart solutions for customers, but also provide information how to use the robots that could help clients enhance their productivity. It will also tap into the wearable devices sector such as smartwatches and glasses.”

Zhu Sendi, a consultant with the China Machinery Industry Federation, added: “China’s manufacturing industry is facing a transformation and upgrading toward automation and intelligence under the Made in China 2025 action plan. Epson is likely to expand its business from traditional fields to robot production because it has mastered advanced technologies, such as sensing technology and image processing technology.”

 

 

 

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Epson recommends cartridge-free printers

May 4, 2016

Small businesses could benefit by using the EcoTank line, the OEM added.

The Epson Eco Tank system

The Epson Eco Tank system

The common goal for small businesses, of which there are estimated to be 28 million in the US, is to “maximise efficiency to achieve business goals”, Epson said. With its wide collection of printers for business that now use the Supertank and large ink reservoirs instead of ink cartridges, the OEM recommends that these could be more cost-effective for SMBs. To determine whether these printers are right for the individual business, Epson outlined five reasons why they could be.

Addressing the consumer, Epson said: “If you print a lot of documents – upwards of hundreds of pages per month – low user intervention is a top priority. Cartridge-free solutions, like the WorkForce ET-4550 EcoTank AIO, print up to 11,000 black and 8,500 colour pages before the ink needs to be replaced, making it ideal for business with a high-volume printing requirements.”

With the ability to print up to “two years worth of ink before they need to be refilled” the EcoTank printer eliminates the “out of ink frustration” and the inconvenience of ordering when there is a deadline. Many SMBs use colour printing for their promotions and to distinguish themselves from other businesses, but in the past this was seen as a large expense. With the large tank system, colour printing is more cost-effective, so more colourful documents can be printed.

The OEM advises that “It’s always important to invest in solutions that will deliver the best return of investment to maximise productivity without breaking the bank”. When the time comes to replace the ink SMBs can “save up to 80 percent with low-cost bottles”.

Maintaining a stress-free environment requires “office technology solutions that keep their operations streamlined and efficient” and cartridge-free printers “like the EcoTank series offer and unbeatable combination of convenience and value” allowing the company to “focus on achieving business goals” without having to worry about smaller operations.

 

 

 

 

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Epson America President and CEO retires

April 29, 2016

John Lang

John Lang

John Lang will be succeeded by Senior Vice President Keith Kratzberg.

The company announced that Lang’s retirement will be effective from 30 June, while Kratzberg will take over as President and CEO as of 1 July. In 1987 Lang joined Epson America and has been President and CEO for 14 years. During this time he has “has been the driving force behind the company’s strategic direction and consistently strong operational performance”, leading the company through times of extraordinary change in “technology, markets and customers”.

Whist he was in charge, Epson America developed a diverse range of businesses “in over 20 countries in North and Latin America and the Caribbean”, and he was also said to be influential in expanding the company’s attention from a “consumer and small business printer manufacturer to a market leader in businesses as diverse as robotics, textile printing, augmented reality display technology, and point of sale solutions”.

During his time in charge, the company has grown its “branded market share to the number one or two position in virtually all categories”. Epson America now has more than 2,000 employees in North and Latin America, and revenues of over $2.5 billion (€2.1 billion).

Lang commented: “Since I began at Epson almost three decades ago, I have been extremely fortunate to have worked with an incredible team of professionals across the Americas, at our Seiko Epson headquarters and around the world. Together we have helped bring innovative, reliable and easy-to-use technology solutions that enrich all aspects of our customers’ lives – from business to the home.

“It has been an honour to be part of a company that has set a high bar for integrity, quality and collaboration. With over 20 years at Epson America, and 11 years as a member of our senior management team, Keith’s extensive experience in overseeing all aspects of the business combined with his consistent track record of driving revenue growth makes him the ideal person to lead Epson America’s next phase of growth. Keith’s experience at Epson and market knowledge will ensure a seamless transition.”

 

 

 

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Epson supports Kumamoto earthquake relief

April 26, 2016

Damage from the earthquake in Japan

Damage from the earthquake in Japan

The OEM announced a donation of ¥3 million ($26,994/€23,916).

Expressing deepest condolences to the victims of the earthquake in Japan, the company announced that it would be donating money to aid those hit by the disaster, and stated its hope for an early recovery. The donation will be through the Red Cross Society of Japan.

Canon also donated to the relief fund earlier this month, promising to donate ¥10 million ($91,449/€80,636) to the Japanese Red Cross Society as well.

 

 

 

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