Tagged With "Chinese Company"
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Re: At the height of the Cold War, Xerox was one of America's top spies.
wow, good ole spies became copier tech or copier techs became spies, either way you slice it, it's a good read.
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Re: Lexmark International Hires UBS to Lead Debt Refinancing Effort
Holy crap, $1.8 billion in debt!! @Ray Stasiezcko
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Winbosc launches hybrid label press
Winbosc (Shanghai) Technology has launched Cloud, a hybrid label press combining inkjet and multiple conventional processes to meet current trends in the Chinese market. The hybrid line is available with printing widths of 110/220/330mm, with two speed modes – 50m/min (HD) and 76m/min (common). It can handle labels materials in a thickness range of 20-400mm. The inkjet element uses Konica Minolta printheads with a resolution of 600 x 600dpi achievable. Conventional processes include flexo...
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Konica Minolta expands into new areas in China
Konica Minolta expands into new areas in China Zhu Shenshen 22:04 UTC+8, 2019-02-19 Konica Minolta plans expanding beyond the business imaging sector in China, it said on Tuesday. With its Chinese headquarters in Shanghai, the Japanese company has 17 subsidiaries covering manufacturing, research and development and sales. Previously, Konica Minolta focused on multifunction printers, a professional device used in offices. It will offer more management and service products, based on new...
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Konica Minolta resumes production in China - except in Wuhan
Konica Minolta announced last month that its MFP production site in Jiangsu province, China (pictured above) was now procuring 100% of its electricity from renewable sources. “The operations in China resumed from February 10, after the government-instructed suspension had ended, except the branch in Wuhan,” said a statement from the Japan-based print technology manufacturer. “Some employees are working remotely from home. “The Konica Minolta Group works on maintaining the health and safety...
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Beware the office printer: It may be a Chinese spy device, experts say
Chinese intelligence agencies could have access to the most innocent-looking assets in state and local governments around the country: the office printer. “Printers, one of the least secure Internet of Things devices, store sensitive data on internal hard drives derived from the various printing jobs executed on a day-to-day basis,” Roslyn Layton, an American Enterprise Institute visiting scholar and founder of the China Tech Threat, wrote in a report released this week. That observation...
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Toshiba and SanDisk are reported to be among the takeover targets of Tsinghua
Chinese state-owned Tsinghua Unigroup, may acquire Toshiba and Scandisk according to an earlier report published by Digitimes that cited anonymous industry sources. The targeted companies own precious NAND patents and by acquiring them, Tsinghua will...
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Chinese 3D printer supplier Zhuhai CTC Electronic announces launch of Formaker project on Kickstarter
ZHUHAI, China , Aug. 12, 2015 /PR Newswire/ -- Zhuhai CTC Electronic Co., Ltd, a leading 3D printer manufacturer in China , announced the debut of its latest multi-functional 3D printer, the Formaker, on the world's biggest crowdfunding platform...
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3D Systems Acquires Leading Chinese 3D Printing Sales and Service Provider, Expanding Its Regional Presence
ROCK HILL, S.C., April 6, 2015 (GLOBE NEWSWIRE) -- 3D Systems (NYSE: DDD ) announced today that it acquired Easyway Design and Manufacture Co. in China, including its wholly owned subsidiaries comprising the Easyway Group, creating 3D Systems China....
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Sharp planning to tap banks for second bailout in three years
(Reuters) - Japan's loss-making Sharp Corp will seek new funds for further restructuring from its two main lenders, a source with direct knowledge of the matter said, with a debt-to-equity swap seen by bankers as the most feasible option. In what...
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Fuji Xerox Korea Releases Facial-Recognition Digital Multi Printer
Tuesday, December 3rd, 2013 KOREA IT TIMES ( INFO@KOREAITTIMES.COM ) SEOUL, KOREA - FujiXerox Korea released a color A3 multi printer ApeosPort-V C775 series that employs the industry’s first user face recognition technology. The brand-new color A3 multi-printer comes in seven different varieties. The most striking feature of the multi-printer is that it automatically recognizes the user’s face, allowing users to enjoy customized display without going through separate ID card or a...
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At the height of the Cold War, Xerox was one of America's top spies.
At the height of the Cold War, Xerox ( XRX ) was one of America's top spies. The company, which was once synonymous with the cutting edge of technology, produced the first copy machines. They were so complex and difficult to...
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Is The Time Right for Copiers to be Made in The USA Again?
If you've been in the copier industry as long as I have, then you'll remember that Xerox and Kodak manufactured copiers in United States. In later years Kodak removed themselves from the SMB market for copiers and Xerox finally succumbed to outsourcing their copier manufacturing to Fuji-Xerox. In a recent press release HP stated they wanted to reinvent the $55 billion dollar copier industry. Since, I'm looking for numbers, I figured the evaluation of the entire copier industry was a good...
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Can Foxconn Unlock Sharp's True Potential?
Once a crown jewel in Japan Inc.'s corporate pantheon, Sharp is now added to the long list of recent Chinese acquisitions of foreign companies. As of June 1st, 2016, Taiwanese regulators have cleared the acquisition of Sharp by Foxconn Technology Group. Sharp's newly released RoBoHoN and 4k AQUOS NEXT/XU technology show that its top-tier researchers still have the Japanese spirit of innovation. Foxconn's management will need to tap into Sharp's latent potential in order to make the company...
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Lexmark International Hires UBS to Lead Debt Refinancing Effort
Lexmark International Inc. has hired UBS Group AG to lead an effort to refinance its $1.8 billion debt stack, according to people familiar with the matter. The Lexington, Ky-based printing technology company, which is owned by Chinese read the rest here
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China regulators open antitrust probe of Toshiba deal -newspaper
Dec 14 (Reuters) - Chinese regulators have opened an antitrust investigation into Toshiba Corp’s $18 billion deal to sell its memory chip unit to a consortium led by Bain Capital LP that includes memory maker SK Hynix, possibly delaying the March closing date Toshiba’s leaders have targeted, the Nikkei Asian Review newspaper reported on Friday. Chinese regulators started their review earlier this month, despite the fact that Toshiba had applied for it in September, when it reached a deal...
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China’s Antitrust Officials Concerned Hynix Will Take Larger Stake in Toshiba Chip Sale
According to sources that are close to the issue, antitrust officials in China’s Ministry of Commerce are currently investigating the role that South Korea’s Hynix Inc. will play in the sale of Toshiba Corp.’s memory chip business. The antitrust officials are concerned as they are currently reviewing the deal. Chinese officials are currently investigating the fact that the South Korean company will do away with a large stake in the business if Toshiba’s memory chip unit sell goes ahead. This...
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Japan's Ricoh to cut 4,000 jobs at home, Europe - Nikkei
March 8 (Reuters) - Japan’s Ricoh Co Ltd plans to cut about 4,000 jobs as early as fiscal year 2019 to streamline its struggling, core office equipment business, the Nikkei reported on Thursday. Ricoh plans to slash just over 3,000 jobs in Japan by next March, sell a local logistics unit and eliminate management positions in Europe, according to the report. (s.nikkei.com/2tnXlIn) The layoffs in Europe and Japan represent 4 percent of the company’s total global workforce, the Japanese...
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Toshiba Memory sale delayed by Chinese antitrust probe
As Toshiba has raised enough funds to keep its net worth above zero, some activist investors want it to call off the sale of its money-making memory unit. TOKYO -- The sale of Toshiba 's memory chip arm is stuck in a long-running review from Chinese antitrust authorities, making it unlikely that the deal will close before the end of March as originally planned. Although meeting the deadline is no longer vital to the parent's survival, the delay could fuel opposition among shareholders...
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China refuses to approve SK hynix-Toshiba deal
By Kim Yoo-chul In the latest standoff over attempts to purchase Toshiba's NAND flash memory chip business pursued by a Korea-Japan-U.S. consortium, China's regulators are seeking more protections for Chinese companies before approving the proposed purchase of the Toshiba unit. That may jeopardize the consortium's mega bid to close the deal, sources familiar with the issue told The Korea Times by telephone, Monday. "They were saying the consortium's proposed purchase of Toshiba's NAND chip...
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Toshiba completes $18 billion sale of chip unit to Bain consortium
The completion of the deal, initially aimed for by end-March, had been delayed due to a prolonged review by Chinese antitrust authorities. China approved the deal last month. The Bain consortium last year won a long and highly contentious battle for Toshiba Memory, the world’s No. 2 producer of NAND chips. Toshiba put the business up for sale after billions of dollars in cost overruns at its Westinghouse nuclear unit had plunged it into crisis. read the rest here
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Photocopiers and all-in-one printers are also now subject to higher tariffs.
TOKYO -- With the U.S. enacting another round of tariffs on Chinese goods Sunday, Japanese companies that have production in China are scrambling for alternatives to minimize the fallout from the trade war. An additional 15% tariff was imposed on 3,243 items, including many consumer goods like clothing and watches, prompting companies across a wide range of industries to consider shifting production to Southeast Asia and raising prices to cope. Uniqlo operator Fast Retailing bases much of...
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Epson wide format printers caught in US/China trade war
US subsidiaries of Japanese companies including Epson America, Sony and Mitsubishi, as well as American (HP, Walmart, Hallmark, 3V Signs, Asia Pacific Offset) and Chinese businesses and US industry groups are all voicing their opposition to Trump’s proposal during a seven-day hearing on the additional tariffs that began this week. Kendra Jones, Epson America In its submission, Epson told the Office of the United States Trade Representative (USTR) that it was already beginning to move some of...
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Kyocera shifts China production to Vietnam to avoid Trump tariffs
OSAKA -- Kyocera will relocate production of U.S.-bound copiers and multifunction printers to Vietnam from China, the Japanese manufacturer said Friday, in a move designed to avoid U.S. tariffs. "We will switch production between Chinese facilities and Vietnamese facilities," Kyocera President Hideo Tanimoto told reporters. All-in-one printers made in China are mainly shipped to the U.S., while those built in Vietnam are usually destined for Europe. The decision comes after months of...
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Conerns Over Chinese Manufactured Printer
I thought this would be a great topic for discussion since I'll be writing a blog in the near future on the subject. I would like to use comments that are posted and will give credit to those that will post. I know we have had a couple of discussions already, but would like to see if we can add some additional content. What would be your top 3 concerns for printers and copiers manufactured in The Peoples Republic of China (Red China)?
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Re: Is The Time Right for Copiers to be Made in The USA Again?
Perhaps. Tax abatements. New administration lending support. Re open Saxon in Miami Lakes. Lol Anything is possible. Automate Manu process with today's technology. Someone should investigate thoroughly. Why not. Incent buyers to buy America.. Been done before. Keep me posted.
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Re: Is The Time Right for Copiers to be Made in The USA Again?
I wonder if there is a preferred supplier of copiers to the Trump organization? Any arm twisting would likely start there. With the USA's withdrawal from the TPP, a relocation of the copier industry seems unlikely. Multiple copier manufacturers already produce their toner in the USA. Living in Canada, with the high US $, a copier produced in the USA would be a distinct disadvantage. I am reasonably certain that the USA is the largest market for copiers in the world.
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Re: Is The Time Right for Copiers to be Made in The USA Again?
Lots of manufacturers used to make the claim assembled in the US, Ricoh and Xerox in particular. I would very much welcome marketing products not made in China Singapore, Thailand and the like- we have lots of capable workers here in the US. The big question is- how much of a premium will be tacked on?
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Re: Is The Time Right for Copiers to be Made in The USA Again?
I used to be in the manufacturing of Servers for HP (working for a Contractor to them). Eventually, we lost the contract to a competitor, in another state, because their labor was going to be $2 a machine less. This of course builds up with thousands of units. Eventually, the whole contract went first to Mexico, then to Singapore (we were already getting most of our sub-assemblies from Singapore anyway), and eventually to China. I went for one state to the other, then almost went to Mexico...
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Re: Is The Time Right for Copiers to be Made in The USA Again?
MichaelP16 That's some awesome insight about manufacturing in Asia. We can build cars here in the US and brands like Ford, GM and Chrysler are now profitable. Even the Japanese have factories here for cars. You never know! Ty for the post
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Re: Is The Time Right for Copiers to be Made in The USA Again?
You are deplorable my friend!!!!! Thank you, Have a Great Day! Thomas Koenig District Business Manager Dealer Division - Northeast Region RICOH USA, INC. 5 Dedrick Place West Caldwell, NJ 07006 Cell: 570-439-2864 Thomas.Koenig@ricoh-usa.com
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Re: Conerns Over Chinese Manufactured Printer
1. The Chinese government is attempting to hack the US daily. I would have a legitimate concern what is built into the the chips within the device. Not being paranoid, just thinking of real concerns. 2. Support. With support bad enough with some US based suppliers I would assume it would leave a bit to be desired. 3. This is not a concern but a question. Would the Chinese undercut other manufacturers and in turn they would be forced to lower prices?
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Re: Conerns Over Chinese Manufactured Printer
The Ricoh GSA contract has labeled the copiers as "G" (government) devices. It's my understanding that these devices are manufactured in Japan. The reason is that the USA will not accept device manufactured in Japan. There's got to be a reason for that. It's my bet it's what John eluded to above "legitimate concern" over the chips that are being used. The USA government will also not accept Hauwai manufactured phones for the same reason. Makes you think why some of the largest companies in...
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Re: Conerns Over Chinese Manufactured Printer
The Chinese gov't via military intelligence retains the unchallengeable right to demand of any Chinese corporation whatever information it desires. These new state security laws came into effect in 2018. It is unknown what would happen if the Chinese military demanded the same of a multi-national corporation manufacturing in China. Chinese culture is such that if the Chinese military could not get the information that it wanted via the front door of a multi-national it would simply pressure...
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Re: China regulators open antitrust probe of Toshiba deal -newspaper
Toshiba Corp . may have settled its differences with joint venture partner Western Digital Corp . , but the company’s nearly $18 billion sale of Toshiba Memory Corp. is not out of the woods yet, with the Nikkei Asian Review newspaper reporting on Friday that Chinese regulators are investigating the deal for potential antitrust concerns. According to the report, the investigation began earlier this month and could push back Toshiba’s hopeful closing date of March. The Toshiba deal sees TMC...
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Cybersecurity Update
- IDG publishes result of survey showing that the most important tech project for CIO’s is Cybersecurity. Other projects of less importance included: o Business intelligence o Workflow automation o Artificial intelligence o Cloud o 68% will be increasing their spend on cybersecurity in next 12 months - Modern Healthcare published report that claims 744,500 patients had their PHI as a result of a breach in the month of June, 2020 - The U.S. is considering banning the TikTok app, as it is made...
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Ninestar to build new printer/MFP plant
Ninestar to build new printer/MFP plant The owner of Lexmark announced it will build a new printer/MFP manufacturing plant in Pingsha Town, China - Will make products that will carry Lexmark or Pantum name - Ninestar receives financial assistance from Chinese government for the project
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Ricoh reports on future plans
Ricoh reports on future plans Ricoh, headquartered Tokyo, Japan, published its Ricoh Group Integrated Report 2020 president and CEO Jake Yama****a stated: “Slowdowns in office print volumes and falling print volumes are hitting Ricoh hard.” “We understand we will not go back, but instead be prepared for a ‘new normal.’” “In predicting changes, we started restructuring our business in various ways” “will continue to grow out of being an office equipment manufacturer and transform to a digital...
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Feds say don’t use Chinese hardware
Feds say don’t use Chinese hardware The US Department of Homeland Security published a “business advisory” warning US customers against using hardware created or linked to Chinese companies FBI is investigating more than 1,000 cases of data theft by Chinese government Claims that Chinese designed products could contain backdoors or hidden data collection mechanisms accessible by Chinese hackers “Any person or entity that chooses to procure data services and equipment from PRC-linked firms,...
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BIXOLON Launches New Chinese Website Improving BIXOLON's Brand Visibility Throughout China
B IXOLON Co., Ltd., a leading global Mobile, Label and POS Printer manufacturer, today announced the launch of its NEW Chinese website, http://www.Bixolon.com/cn/ to improve BIXOLON's brand visibility and boost its presence in China. GARDENA, Calif. , Jan. 11, 2021 /PRNewswire-PRWeb/ -- BIXOLON Co., Ltd., a leading global Mobile, Label and POS Printer manufacturer, today announced the launch of its NEW Chinese website, http://www.Bixolon.com/cn/ to improve BIXOLON's brand visibility and...
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Re: Feds say don’t use Chinese hardware
“FBI is investigating more than 1,000 cases of data theft by Chinese government” Art, has the FBI released the RESULTS of one “investigation”? I have difficulty believing anything until RESULTS provide PROOF. also, while I’m certain that data theft does occur, I’d like proof that data theft resulted from spy chips in copier/printers. thanks and regards, Joel
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Re: Feds say don’t use Chinese hardware
HI Joel Thanx for the comment! I just re-post some of the items that I read. I do find it interesting that "spy chips" are our there. Seeing that Toshiba investing dollars into developing a system that will detect spy chips tells me that there is a need for detection. It reminds me of the a copier story from the 60's when Xerox and the US Secret Service had technicians install cameras in Xerox copiers. Those copiers were delivered to the Soviet Union Embassy in Washington, DC. When routine...
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Re: Feds say don’t use Chinese hardware
Hey Larry I don't think there needs to be evidence when speaking with clients. However here is the link with some additional info https://appleinsider.com/artic...hardware-or-services
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Managed print services opportunities when the chips are down
From cars to consumer electronics, the global chip shortage is disrupting supply chains and causing price rises across industries. The print industry is not immune, with printers and MFPs reliant on a multitude of chips. So, what implications does this have for an industry that is already facing a rocky road to print volume recovery? Why is there a global chip shortage? Set to persist well into 2023, the global chip shortage was prompted by the Covid-19 pandemic which has seen a surge in...
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China power problems close factories
China power problems close factories Reuters News Service reports that several key Apple and Tesla suppliers have halted production at some of their Chinese facilities to comply with country’s tighter energy consumption policies - Foxconn, aka Hon Hai Precision, owner of Sharp, said it suspended production at its facilities in Kunshan, China in direct response to city’s policy of stopping electricity supply for industrial use - CNN reported that “power cuts that reduce factory output could...
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China’s invasion: US brands under Chinese control Lexmark
Lexmark International In 2016, Lexmark International agreed to sell to investors, including China-based Apex Technology, for $3.6 billion. In recent months, Lexmark announced it would help U.S. and European businesses produce devices that can be remotely monitored, thanks to the Internet of Things. The Internet of Things (IoT) is a network that connects things and devices through sensors, software, and other technologies, allowing objects and devices to collect and exchange data with each...