While HP has been a significant player in the consumer and business printer markets for many years, it has largely left the copier and mopier (multifunction copier) markets to traditional office equipment suppliers such as Canon and Fuji Xerox. But that's about to change.
HP has agreed to acquire Samsung's printer business in a US$1.05 billion deal.
Amidst an overall decline in demand for printer consumables in the Asia Pacific region, revenues for ink cartridges have declined in contrast to the laser toner market where there’s been growth, according to the latest market report from IDC.
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