HP Canon & Epson Ink, Lexmark, Brother Toner cartridge Printer Ink Cartridges News

Lexmark announced this week that it was rationalizing it’s printer and inkjet manufacturing division with 1,650 job losses worldwide which equates to 11% of its workforce. The plan is focused on the struggling inkjet division which reported losses of $16M for Q3, a reduction in operating revenue of 13% and saw its number of printers sold drop by 14%. These numbers will probably continue to fall over the next year because of an announced plan to withdraw from 30% of the companies inkjet sales over the next year. This on top of the 20% withdrawal announced in January 2006 that was coupled with a restructuring which saw the closure of the companies Scottish Factory in Rosyth. It aims to dramatically reshape the division by the end of 2008.

One of the companies two ink cartridge manufacturing plants in Jutrez, Mexico will close.

Lexmark’s moves are an attempt to stop selling printers to people who don’t print enough!. To find those target users, Lexmark will tailor its marketing and sales to countries where customers print the most. Besides the United States, the company wouldn’t name those nations!. Good Luck there then – and remember it’s your duty to print more to keep Lexmark in business

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Lexmark have just launched three more wireless network devices, adding the the products already launched earlier this year they are a clear indication of how Lexmark sees the market going, with Wireless networking taking over from both USB and bluetooth in the course of time.

The X6570 uses Lexmarks latest smudge proof ink technology and provides an all in one solution for printing/copying/scanning and faxing, along with wireless network connection

The X4850 provides photo quality output by adding a third photo cartridge to the existing ink lineup and

The X7550 is the top end product offering print speeds up to 30ppm in mono and pitched at around £169.99 (argos uk)

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Following on from their disappointing mid quarter results, the Shares in Lexmark inc climbed on the New York Stock exchange yesterday.

Shares rose 3.3% on revised analysts forecasts for the full year, but the market remains tough for Lexmark with Epson and HP both releasing new products over the summer and autumn pressurising prices and market share.

However sunnier times for Lexmark at the moment

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Lexmark inc, have introduced a range of network ready Multi Function Printers aimed at the SME marketplace.

Compact and affordable, Lexmark’s X500n and X502n colour laser MFP delivers big advantages to small workgroups. These include outstanding colour output, as well as high-performance printing, copying and scanning.

• Affordable network colour laser MFP
• Printing, copying and scanning
• Up to 31 ppm mono, 8 ppm colour
• 1200 x 600 dpi enhanced print quality
• Network-ready and easy to use
• Optional 530-sheet drawer available

The X502n also features a built in fax machine for maximum optimisation of precious office space.

Toner cartridges for both machines are available from stock at Stinkyink.Com

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Lexmark International announced a shakeup of its top management Friday, moving the head of its struggling inkjet division to an open position in Europe, where he had previously worked for the company. Replacing him will be the chief of the company’s laser printer division, a division that rebounded quickly after a slump in 2005.

Industry observers praised the move, noting that Paul Rooke’s success in the laser division is much needed in inkjet, which dragged down the company’s second-quarter earnings and is expected to do the same in the third quarter.

“This is a good time for the company to go in another direction,” said Tom Carpenter, a vice president and senior equity analyst at Hilliard Lyons in Louisville. “They have struggled in inkjet the past couple of years, and Rooke brings some experience in an area that has been more successful.

“If he can fix the inkjet unit, it’s quite possible he could be the next CEO of Lexmark.”

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