Featured Articles

Hands on: Nvidia Shield Tablet with Android 5.0

Hands on: Nvidia Shield Tablet with Android 5.0

We broke the news of Nvidia's ambitious gaming tablet plans back in May and now the Shield tablet got a bit…

More...
Nokia N1 Android tablet ships in Q1 2015

Nokia N1 Android tablet ships in Q1 2015

Nokia has announced its first Android tablet and when we say Nokia, we don’t mean Microsoft. The Nokia N1 was designed…

More...
Marvell launches octa-core 64-bit PXA1936

Marvell launches octa-core 64-bit PXA1936

Marvell is better known for its storage controllers, but the company doesn’t want to give up on the smartphone and…

More...
TSMC 16nm FinFET Plus in risk production

TSMC 16nm FinFET Plus in risk production

TSMC’s next generation 16nm process has reached an important milestone – 16nm FinFET Plus (16FF+) is now in risk production.

More...
Nvidia GTX 970 SLI tested

Nvidia GTX 970 SLI tested

Nvidia recently released two new graphics cards based on its latest Maxwell GPU architecture, with exceptional performance-per-watt. The Geforce GTX 970…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Wednesday, 29 August 2012 10:19

Lexmark dumps inkjets

Written by Nick Farrell



The end of a ++printer error++

After years of selling cut-price printers, Lexmark has decided to give up and focus on its more profitable imaging and software businesses.

Although Lexmark will sell laser printers, it said that it will sell more than 1,000 inkjet-related patents and would cut 1,700 jobs, or 13 percent of its workforce. Printer makers have had problems with falling sales. According to Reuters corporates it is all because corporates are rushing to buy Apple Tablets, however it is more likely that ink-jets are out-dated by cheaper and better laser printers. This killed off the ink-jet model, as defined by HP, required a cheap printer which a person had to pay a fortune for the ink cartridge.

The inkjet market declined nearly 13 percent in the second quarter. Lexmark said that revenue from inkjet hardware and supplies, which accounted for 21 percent of revenue last year, to drop to about 10 percent in 2013. It will continue to supply ink and support printers it already sold.

The company had already laid off 625 employees related to manufacturing of consumer ink supplies in January.

Nick Farrell

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments