Tagged With "Sharp in China"
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Re: Sharp expects first-half operating loss due to falling prices for smartphone displays
Yikes a 215 million dollar loss!! How much more can they lose?
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Re: Sharp M623
According to BLI, this model was replaced in December 2014, & the replacement model is the MX-M654N.
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Re: Sharp M623
Got it. Feel free to shoot me an email if you ever need any info. I'm happy to pull whatever I can and send it over whenever I have the chance.
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Re: Sharp M623
thanx for this. For any of you Sharp reps, what would offer is customer was looking for 60ppm color?
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Re: Sharp posts big loss on smartphone downturn
HOLY Crap!! 700 million dollars! I guess the Japanese banks are in the for the long haul. But, how much as they willing to lose?
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Re: Sharp bond risk jumps as losses over 4½ years top $10 billion
WOW! Some take ways from the article above: Sharp does not have core business that it can look to in the future 510 billion syndicated loan payment due March of 2016. That's almost 4.2 billion US dollars! Ouch! "The chances of banks calling the 103-year-old company’s loans are therefore low", seems to me like there are more cuts to come, more business units to sell. Banks accepted shares in the company earlier this year after it defaulted on debt payments
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Re: Sharp bond risk jumps as losses over 4½ years top $10 billion
Surely eventually the ship is sunk. I still see SAMSUNG as a buyer at some point even though the Japanese govt won't have it.....for now.
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Re: Sharp Corp Surges Third Day After Reports Banks May Forgive Loans
A week later, after heavy volume on the Tokyo stock exchange, Sharp's share price has steadily fallen back to close to its 52 week low.
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Re: Copier Parts & Accessories China Tariff Starts in 9 Working Days
More than a few copier/ printers are manufactured in Thailand and the Philippines due to low labor costs. I do not know but I think these products tend to be more low end A4 and printer products. I think most A3 product is made in China. I can only speak for Toshiba but I know the majority of North American toner is made in North Dakota. As I am from Canada, I am hoping with fingers crossed that this very likely US tariff war with China will not effect us.
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Re: Copier Parts & Accessories China Tariff Starts in 9 Working Days
" Whatever money the Trump Administration gave away to its citizens in its tax cuts of 2017 it is now going to claw back with higher taxes disguised as tariffs. " When one door closes another door opens. Many US companies can benefit from the higher tariffs placed on goods from China. In fact I spoke to one of those companies last Thursday. I disagree that the tax cuts are going to claw their way back with higher taxes disguised as tariffs. In the end, what Trump wants is fair trade practice...
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Re: Copier Parts & Accessories China Tariff Starts in 9 Working Days
Do you agree that a new 25% tariff on copier/ printer products imported from China is a consumption tax on US businesses and consumers?
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Re: Copier Parts & Accessories China Tariff Starts in 9 Working Days
In a hint at what is to soon happen with tariffs on copiers/ printers from China headed to the USA, Harley Davidson Motorcycles announced today that it would shift some production headed for Europe to other global manufacturing facilities to avoid paying tariffs estimated at up to $2,200.00 per bike. It could take nine to 18 months to make this change. It also said that it would not increase prices to European dealers and would take a hit to profitability for the remainder of this year at...
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Re: Copier Parts & Accessories China Tariff Starts in 9 Working Days
All very good points. I'm guessing larger players might have more manufacturing site options. However, if their A3 are manufactured in say US and Korea but their A4 are largely China, there could be discrepency even within a single manufacturers ptoduct line. Another manufacturer could have the reverse.
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Re: Copier Parts & Accessories China Tariff Starts in 9 Working Days
Duties on Chinese goods started at 12:01 a.m. Friday in Washington, just after midday in China. Another $16 billion of goods could follow in two weeks, Trump earlier told reporters, before suggesting the final total could eventually reach $550 billion, a figure that exceeds all of U.S. goods imports from China in 2017. https://www.msn.com/en-us/mone...DxQ8?ocid=spartanntp
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Re: Copier Parts & Accessories China Tariff Starts in 9 Working Days
The Trump Administration today announced plans for a new round of $200 Billion worth of tariffs against China. https://www.cnn.com/2018/07/10...ffs-trump/index.html Copy machines were on the original list but but were taken off leaving parts and consumables subject to a 10% tariff. It seems most suppliers have not taken actions to increase their prices. On the new list which could go in effect sometime after Aug 30th are: 8443.39.20 Electrostatic photocopying apparatus, operating by...
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Re: Copier Parts & Accessories China Tariff Starts in 9 Working Days
I, for one, don't care much what Ricoh thinks about my selling options. Tariffs also have a way of redirecting business decisions. China may sease to be a viable place for manufacturing. No manufacturer has 100% of their maunfacturing being done in China. No matter what, the effect of any tariffs will be watered down by whatever manufacturing that is being done elsewhere. I would really love to see something that tells what % of manufacturing is being done in China broken down by...
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Re: Copier Parts & Accessories China Tariff Starts in 9 Working Days
"Tariffs have a way of redirecting business" Tesla announced yesterday plans to build a new car factory in Shanghai, China in part to escape potential US tariffs on auto parts and battery supplies. https://www.nytimes.com/aponli...-as-china-tesla.html I can only guess that it would take years and much capital and energy to start or relocate a new copier factory outside of China. The Philippines is currently an important manufacturing hub for A4 printers and MFPs due to low labor costs. Most...
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Re: Copier Parts & Accessories China Tariff Starts in 9 Working Days
With no debate, the US Senate unanimously passed a bill that would cut or eliminate tariffs on toasters, chemicals and roughly 1,660 other items made outside the United States. Nearly half of those items are produced in China, according to a Reuters analysis of government records. One can only hope that copy/ print devices and their parts and consumables have had their tariffs eliminated. Since there are no manufactures of copiers/ printers on US soil, I do not know from whom the proposed...
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Re: Copier Parts & Accessories China Tariff Starts in 9 Working Days
SSG I checked here and there is nothing new at least about the recent passing of the Senate bill. https://ustr.gov/about-us/poli...ffice/press-releases I believe that Trump would still have to sign the bill and there is nothing about the House of Representatives either. It doesn't look good
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Re: Copier Parts & Accessories China Tariff Starts in 9 Working Days
I read past the "bill" description too fast. A bill is not law, it is, I think, just an expression of unanimous opinion by the Senate. Somewhere in the news this week, I read that Kyocera intends to increase production of A3 copiers in China by expanding a current factory. I am sure all copier manufacturers plan 10+ years into the foreseeable future and cannot worry about politicians who could come and go every four years.
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Re: Copier Parts & Accessories China Tariff Starts in 9 Working Days
The Trump Administration announced today what they call a second tranche of tariffs against goods manufactured in China subject to 25% effective Aug 23. I think the copier/ printer industry once again escaped a direct hit. "8443.99.40 Parts of photocopying apparatus of subheading 8443.39.20 specified in additional U.S. note 4 to this chapter"
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Re: Copier Parts & Accessories China Tariff Starts in 9 Working Days
China retaliated this AM by placing a matching 25% tariff on $16B of US goods. We will see if the US escalates the trade war again putting copiers/printers manufactured in China imported into the USA back at risk for a 3rd time.
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Re: Copier Parts & Accessories China Tariff Starts in 9 Working Days
President Trump announced today, effective Sept 24 2018, a 10% tariff on a broad list of $200 B worth of Chinese goods. https://ustr.gov/about-us/poli...inalizes-tariffs-200 On this final list are all forms of copy devices. No mention of printers. No mention of toner. Unless China makes serious trade concessions to the USA, without retaliatory tariffs of its own on USA made goods sold in China, the 10% tariff will rise to 25% on Jan 01 2019. These devices are on the final tariff list,...
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Re: Copier Parts & Accessories China Tariff Starts in 9 Working Days
SSG Thanx for keeping this thread up to date! Kudos The economy is doing so well here in the US that I don't think many will care. I will use this to my advantage to get clients to move now. Now, I hope they do care! Art
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Re: Copier Parts & Accessories China Tariff Starts in 9 Working Days
Yup, it's a pretty BIG Hammer! I heard a radio report that the US trade debt rose significantly in July. I'm thinking what you stated is that "many of the manufacturers have stuffed thier warehouses". That's probably why we haven't seen anything to date with increases.
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Re: Copier Parts & Accessories China Tariff Starts in 9 Working Days
China retaliated to the new US $200 B worth of tariffs with $60 B worth of new 10% tariffs on USA made goods sold in China. This move is in defiance of President Trump's threat to raise the tariff on Chinese goods to 25% on Jan 01 2019 if China retaliated.
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Re: The Effect Currency Evaluations have on the MFP industry
While it is probably fair to say that the majority of new copiers/ printers in the world are now manufactured in China, these facilities are owned by Japanese companies.
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Re: The Effect Currency Evaluations have on the MFP industry
It was briefly at $1.0030 earlier this week. It is now at $0.975. It should be around $0.89 but because the US Govt is running massive deficits Canada looks good. If China ever pulls the plug and calls in its US Bonds, it will not be pretty.
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Re: The Effect Currency Evaluations have on the MFP industry
China won't pull in it's bonds since it would ruin the US economy and China would lose one of it's largest if not the largest trading partner.
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Re: The Effect Currency Evaluations have on the MFP industry
seems like EU is the largest trading partner for China, at lease as of 2008 http://english.mofcom.gov.cn/a.../20090105999698.html
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Re: The Effect Currency Evaluations have on the MFP industry
It is ironic that Communist China has the ability to cause significant damage to the world's greatest democracy with the capitalist concept of debt. Anyway not to get political, copier prices might soon be rising simply because of the powerful forces of currency change.
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Re: Colortrac Inc. Distributes its SmartLF Wide Format Scanners via Promark Technology
Colortrac Announces Financial Results and Growth in Scanner Sales Colortrac Inc. Colortrac has achieved record unit sales, revenue, and profit in their financial year ending April 30th 2010. Not including new business from OEM agreements, worldwide unit sales of Colortrac brand SmartLF large-format scanners increased by 24 percent over the previous year. Colortrac's consolidated result (unaudited) shows that group revenues increased by 42 percent to GBP £7.3 million, with a corresponding...
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Re: How will the earth quake in Japan affect...
Most of the copiers we sell are assembled in Europe, but the parts come from China, Japan etc. So if the quake is going to have an impact on our sale then it probably won’t happen until (maybe) this summer... MP C toner is produced in Japan and bottled in US (according to the package) That could be an issue if the toner factories are affected
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Re: How will the earth quake in Japan affect...
Toshiba HQ Bldg. in Tokyo is designed to resist earthquakes. Employees actually felt sea sick on the upper floors as the building gently swayed back and forth absorbing the shock waves. The elevators stopped woring. All Toshiba employees are OK and the earthquake had no significant effect on MFP production. MFP production is mainly in China. Toshiba has closed all non essential facilities to comply with Govt request. In Tokyo, there are now rolling black outs and interruptions to train...
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Re: Tohoku Earthquake Wreaks Havoc on Printer Industry Supply Chain
This was an article from the NY times over the weekend! SHIBATA-MACHI, Japan — When the ground shook violently on the afternoon of March 11, the ceiling collapsed in part of the huge Ricoh copier factory here, exposing the vents and wires above. The offices at the Ricoh plant near Sendai are still in disrepair; workers have focused on restoring the factory and production. The ceiling is still not fixed. But employees are back at their posts, working under temporary lighting and wearing hard...
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Re: Protest in China
The root cause of the feud is a couple of very small uninhabited islands off the coast of Japan. Both countries want to claim sovereignty. The value is in the rich fishing grounds and possible oil underneath the sea. Panasonic has already closed at least one plant in China as a direct result. We can only hope this does not impact the MFP industry.
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Re: Protest in China
Just to provide some additional information.... Very little information in the US or on the news. Without naming names, yes, our manufacturers were impacted. This is just an article as an FYI that appeared in the The Irish Times - Thursday, September 20, 2012. China cleans up after Japan riots CLIFFORD COONAN, in Shanghai CHINA HAS said that Japan bears “complete responsibility” for any impact on trade over the dispute between Asia’s two powerhouses after tensions flared over a disputed...
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Re: Protest in China
I posted a thread in "Canon in the News", that thread stated that Canon had closed three factories in China already.
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Re: Does it matter what a presidential candidate promises?
watch out for CHINA, no other country has anywhere near the population, nor the revenues that China is accumulating. the next war may not be a war of the military but a war of crippling a nations economy and stealing data/secrets/intellectual property. While everyone is watching the arab spring, Iraq, Afganistan, the europe debt crisis, CHINA is the sleeper that is on it's way to become a military and econmoic powerhouse. They are already flexing their muscle with loaning money to the world.
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Re: Toshiba maintains #1 A3 Copier market share in China
Sometimes we all seem to focus too much on our local markets, it's good to see what some of the other manufacturers are doing in those markets. I had not idea Toshiba was number 1 in China, China a huge market and still developing. This is also helps me understand why Toshiba is still manufacturing MFP's. All I knew about was there less than stellar Marketshare here in the US. I'm sure others appreciate this also, and that's why we're all here to share information. Thanx
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Re: Mp 1357 replacement
Ricoh Pro C5100S replaces C550EX June 2013 Charis PRO C1a Ricoh Pro C5110S replaces C700EX June 2013 Charis PRO C1b note: country of origin is Japan Ricoh MP C3003 replaces MP C3002 July 2013 Metis C1a Ricoh MP C3503 replaces MP C3502 July 2013 Metis C1b Ricoh MP C4503 replaces MP C4502 July 2013 Metis C1c Ricoh MP C5503 replaces MP C5502 July 2013 Metis C1d Ricoh MP C6003 no previous model Metis C1e note: country of origin for all three models is China Ricoh MP C6502 replaces MP C6501 July...
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Re: Gas Price Check
$2.82 for 87 in NorthCentral Indiana also. Not too sure if it's because of the elections but more a reflection of slowdowns in countries like China and India. Let need, more supply, cheaper oil, gas goes down. Not bad from a Hoosier, eh?
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Re: Gas Price Check
I have just begn a new business venture. With more and more cars becoming available in the Orient, China specifically, I have acquired 1,000 used rickshaws and will be deploying them in large metropolitan areas of the United States. I am now looking for workers to man them but you must have a green card or provide proof of citizenship.(unless of course Americans find this job below them,which at that time green cards will be optional)
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Re: Gas Price Check
VIENNA, Austria – While oil prices rose Monday with an OPEC production cut later this week all but certain, the price of gasoline in the United States continued to tumble. Gasoline has fallen more than a dime a gallon since Friday, hitting a national average of $2.92 Monday, according to auto club AAA, the Oil Price Information Service and Wright Express. Chakib Khelil, president of the Organization of Petroleum Exporting Countries, said Sunday that members plan to announce a "substantial"...
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Re: Gas Price Check
Well, we're already proven that the economy doesn't shut down when gas hits $3 or even $4. I think a tax which sets the price of gas near $3 with the proceeds going toward developing alternative energy sources would be a good thing. Don't you want to stop borrowing money from communist China to send to the islamic middle east? Why do you hate America?
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Re: ANWAR drilling and such
in reference to the supply and demand issue; it's not that their is a "shortage", it's that because other nations such as India and China (both will near or over 1 billion citizens) are now industrializing and with that comes not only the usage of oil based products, but also brings more prosperity to those citizens and their needs and wants for items that either use gas or are petroleum based. Because of all of this we have more companies and more people buying the oil and because of the...
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Re: Political Speeches
I agree with you on some points that his goals are admirable in wanting to cut wasteful spending. That's about it. In the future if he is elected, and he cuts the nuclear arsenal, cuts defense spending, brings all of our troops back to the US from around the world (which numbers around 500,000), says that we no longer will protect our allies (which means that US bases around the world will have to be closed). Does he honestly think that by telling the world we no longer will produce nuclear...