by Hunter Feybusch
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by Hunter Feybusch
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- Announced “double digit” price increases to take effect on 3/18/24
- Move came in response to “Economic challenged”
- “Unprecedented increases in labor costs”
- “sharply rising freight and warehousing rates”
- “Increased input prices from suppliers”
- “Ongoing issue of high energy prices”
- “Despite our best efforts to absorb the impact of these increases, we can no longer avoid raising the prices of many of our products and services; stated Taku Ueno, SVP of Graphic Communications division
- (Unknown if this will force Xerox to also raise its prices, and Fuji provides A3 and PPS hardware to Xerox)
– Man in his 20s was arrested and sentenced to 2 years in prison in South Korea – Convicted of using a color MFP to make twenty 50,000 won banknotes Counterfeit bills used at convenience stores and restaurants
– Cyber Insider magazine published article about last week’s Pwn2Own hacking convention in Dublin, Ireland – Part of the event was a contest challenging hackers to compromise different brands of MFPs that were on stage – The following MFPs were successfully hacked, and prize money paid out: – Canon imageFORCE 1643F – Brother MFC-L8970cdw – […]
– Research published by Reliable Business Insights – Projected CAGR (compound annual growth rate) of 14.6% – Global market valued at $22.1 billion – MPS market growth driven by: o shift in demand from ownership to outcome-based solutions moving away from the capital-intensive model of buying and maintaining a fleet of printers to an […]
– Research report published by IEEE Xplore – Analyzed reliability of more than 400,000 hard disk drives from a variety of manufacturers – Includes Hitachi, Seagate, Toshiba, Western Digital, etc. – Toshiba hard disk drives between 50 and 100 months old, had a failure rate of up to 6 of 1,000 drives per month o […]
