Remember how last month Nikkei Asian Review said that Ricoh would report massive impairment losses related to underperforming North American operations and Ricoh issued a statement saying it was conducting impairment tests but it did not have any impairment losses to announce at the time (see “Ricoh Reported to Be Considering ¥100 Billion Impairment Loss”)?
This week, Cincinnati, OH-based news station WCPO and its affiliated website, wcpo.com, reported that a recent Epson inkjet printer firmware update disabled the use of some end users’ aftermarket inkjet cartridges. Part of a Broader Trend As noted in WCPO’s reporting, firmware updates that prevent the use of aftermarket supplies are not a new trend.
On March 21, Aster Graphics issued a statement on Canon’s recent toner cartridge patent-infringement lawsuits in the United States, in which it was named as a defendant/respondent (see “Canon Causes Another Cataclysm: OEM Sues Numerous Aftermarket Firms for Patent Infringement”). So far, firms issuing statements on the litigation have included Canon itself and HP, which
Ever since Canon filed its new toner cartridge patent-infringement litigation in the United States, some in the industry have been asking whether this means only new-build cartridges infringe and remanufactured products are “safe.” We are not attorneys, just industry observers, but, in our view, the short answer is “not necessarily.” While many of the accused
On March 15, HP Inc. issued a statement regarding Canon’s recent spate of patent-infringement lawsuits against aftermarket supplies manufacturers and distributors that Canon claims are infringing its toner cartridge patents. On February 28, Canon filed complaints against 49 companies in the United States (see “Canon Causes Another Cataclysm: OEM Sues Numerous Aftermarket Firms for Patent
Xerox’s efforts to convince shareholders of the benefits of its plan to sell 50.1 percent of the company to Fujifilm and then merge with Fuji Xerox continued on March 7 with the release of a letter from Xerox’s board of directors. This is not the first such letter from Xerox’s board since the merger plan
On February 28, Chinese aftermarket supplier Ninestar Corporation released preliminary accounting data that revises its previous forecast for its fiscal 2017 financial results (see “Ninestar Addresses Issues That Will Impact Fiscal 2017 Results”). The company’s final earnings report is expected to be published in April, but Ninestar reported this week that enactment of the new
On February 14, The Recycler issued a “tech alert” warning that HP is shipping certain printers with what is called a “Cartridge Protection” setting switched on, thereby permanently disabling the printers’ cartridges for use in other printer models. When HP’s Cartridge Protection setting is enabled, the cartridges installed in a printer can only be used
Roughly a year ago when delivering its first-quarter 2017 results, HP President and CEO Dion Weisler stated that his company was “now firing on all cylinders” (see “HP Sees Personal Systems Growth and Some Improvements in Printer Business in Q1”). At the time, given continued pressures on income and weaknesses in the Printing business, we
After announcing last week that his firm is investing in a leading North American supplies distributor (see “Blackford Capital Invests in Online Tech Stores”), Martin Stein, founder and managing director of the Grand Rapid, MI-based private-equity firm Blackford Capital, explains why he is rejoining the fray. Mr. Stein has a storied history within the aftermarket