In an effort to recapture the lost market share, Fuji Xerox, a
wholly-owned subsidiary of
Fujifilm Holdings Corporation
), is continually in the process of launching newer products.
Recently, Fuji Xerox unveiled a new high-speed printer for the
large-size printing market. The new printer, named DocuWide 2055
(Model-NP), will be offered for sale from Jun 24, 2013.
The new printer is equipped to print A1 sheets, which are
equivalent to a two-page spread newspaper in Japan, at a rate of
seven sheets per minute. As of now, the product will be sold only
in Japan, where it is priced at ¥2.4 million, exclusive of
In addition to its noteworthy speed, the high resolution
printing of the new product also stands out. The intelligent
processor of this printer enables it to hold two rolls of paper
at the same time, and selects the one to print depending on the
contents of the printable information.
In a fast-pace world, where speed and accuracy play an
important role, the design of this printer facilitates the
newspaper industry to work efficiently. This new step has been
taken by Fuji Xerox keeping in mind the declining shipments of
Sales of Fuji Xerox declined year over year in fiscal 2013 due
to the economic deterioration in Europe, which is expected to
continue further in the coming quarters. In view of the same,
Fuji Xerox is trying to strengthen its presence in Japan, by
utilizing its expertise and experience in direct sales. Moreover,
Fuji Xerox is making efforts to reduce its costs and other
expenses to reach an operating margin level of 10.0%, as quickly
Fujifilm currently carries a Zacks Rank #4 (Sell). Other
stocks worth a look in the technology industry are
Amkor Technology, Inc.
International Rectifier Corporation
), each carrying a Zacks Rank #2 (Buy).
AMKOR TECH INC (AMKR): Get Free Report
ANADIGICS CORP (ANAD): Free Stock Analysis
FUJIFILM HLDGS (FUJIY): Free Stock Analysis
INTL RECTIFIER (IRF): Free Stock Analysis
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