Headline Rollup for October 24, 2017

Lexmark names new president and CEO

LEXINGTON, Ky., Oct. 23, 2017 /PRNewswire/ — Lexmark, a global imaging solutions leader, today announced that its board of directors has unanimously selected Richard (Rich) Geruson as Lexmark president and chief executive officer, effective today. Geruson will also serve on the Lexmark board of directors.

Ricoh inks deal with Designtex as its first North American beta site

Ricoh USA, Inc. has announced that Designtex will become a premier beta site for the just announced RICOH Pro T7210, the company said.

This newest addition to Ricoh´s Commercial & Industrial Printing Business Group´s portfolio enables businesses like Designtex to handle diverse materials of varied thicknesses such as walls, windows and seating.

HP is making inroads into 3D printing

A while back HP promised that it would take the lead in 3D printing and it is starting to look like it is making good on that promise.

Epson developing versatile inkjet printers to achieve ambitious goals by 2025

Inkjet printer and robotic arm supplier Seiko Epson is aggressively moving to expand its product lines and boost sales of high-performance printers for uses by other sectors than consumers, aiming to achieve an annual revenue and profit goal of JPY1.7 trillion (US$15 billion) and JPY200 billion, respectively, by 2025, after scoring an impressive revenue record of JPY 1.02 trillion and net earnings of JPY65.8 billion in fiscal 2016 ending March 31, 2017, according to Koichi Kubota, the firm’s senior managing executive officer .

Konica Completes Ambry Buy

Japanese printer maker Konica Minolta Inc. and Innovation Network Corporation of Japan (INCJ) closed their joint acquisition of genetic diagnostics company Ambry Genetics Corp., in Aliso Viejo.

Toshiba sees annual loss of almost $1 billion after tax related to chip unit sale

TOKYO (Reuters) – Embattled Japanese conglomerate Toshiba Corp said on Monday it now expects to slide to a net loss of nearly $1 billion this business year after calculating taxes related to the sale of its prized chip unit.

Canon hikes profit outlook on demand for surveillance cameras, OLED production gear

TOKYO (Reuters) – Japan’s Canon Inc hiked its annual profit forecast for the third time on Tuesday on the back of expanding demand for “business-to-business” products from surveillance cameras to organic light-emitting diode (OLED) screen production equipment.

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