It has been a couple of weeks now since the firmware in OfficeJet, OfficeJet Pro, and OfficeJet Pro X inkjet printers and all-in-ones using the HP 934/935, HP 950/951, and HP 970/971 cartridges began giving end users error messages and would not allow printing when certain aftermarket cartridges were installed (see “HP Inkjet Printer Firmware
Initial public offerings (IPOs) on China’s stock markets are an effective means for Chinese companies to raise the capital needed to expand. A growing number of aftermarket supplies companies in China are announcing IPOs—that latest is Print-Rite’s ink subsidiary, Zhuhai Print-Rite New Materials Corporation Limited. The news follows Suzhou Goldengreen Technologies (SGT)’s IPO in August (see “Suzhou
Dell has confirmed that it will exit the printer hardware business in Europe, the Middle East, and Africa (EMEA) and Asia Pacific including Japan (APJ). However, to paraphrase Mark Twain, the rumors of the death of Dell’s printer business in its entirety have been greatly exaggerated. The company intends to remain in the North American
After months of heightened attention about its growing problem with counterfeiters, Amazon has imposed a fee and new authentication requirements for certain brands in an apparent attempt to address the problem. Growing concerns over counterfeit products being sold on Amazon, along with criticism about the company’s move in recent years to invite Chinese manufacturers to
Last week, Turbon AG announced its financial results for the first half of 2016. The Hattingen, Germany-based manufacturer and distributor of third-party toner supplies reported that its revenue fell year-over-year, while earnings and income were up modestly. Turbon felt the ill effects of continued market weakness, especially in the United States, and lowered its forecast
On Friday, September 9, rumors were swirling that HP would purchase Samsung’s printer and MFP business (see “Is HP Planning to Buy Samsung’s Printer Business?”). By early on Monday, September 12, both companies revealed that the rumor is true and HP Inc. has agreed to acquire Samsung Electronics’ printer business for approximately $1.05 billion. HP
This past January, we reported that Lexmark International was privately talking to potential buyers about selling hardware and software assets separately to attract more suitors and boost higher offers (see “Lexmark Seeks Suitors Interested in Hardware or Software”). In April, Lexmark ended up accepting a $3.6 billion cash offer for the whole company by a
It is a rumor that may have Canon’s top executives feeling some alarm. On September 9, Reuters reported that Samsung Electronics is considering selling its printer business to HP for about $1.8 billion. Reuters’ source was an article in the Seoul Economic Daily. Samsung reportedly would not comment on the story to Reuters. We reached
On September 7, HP Inc. announced its new HP JetAdvantage On Demand site, which the OEM describes as “a marketplace for HP and third-party printing and imaging applications.” HP says the new site is designed to be a portal where HP resellers and customers can easily purchase, deploy, and manage security-certified print applications through the
Clover has gathered its toner cartridge collections, processing, and production operations under one roof. On August 30, the company announced that it has consolidated its operations in Mexicali, Mexico, into one enormous, state-of-the-art facility. The facility is capable of producing one million finished color and monochrome toner cartridges for every three million cartridges workers process
