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Xerox has sold its Elem Additive Solutions 3D business as it continues to divest non-core parts of the company. Elem Additive – whose products include ElemX liquid aluminium 3D industrial printers – has been purchased by ADDiTEC, a specialist in metal additive manufacturing. Terms of the transaction were not disclosed. Xerox stood up Elem Additive

Planet Green Cartridges has filed a lawsuit against Amazon for allegedly allowing resellers to sell new-build compatible cartridges labelled as remanufactured. According to Actionable Intelligence, Planet Green filed its complaint in a California district court on 14 August. What is unusual in this case is that the remanufacturer is targeting Amazon and not third-party vendors

During yesterday’s Q2 earnings call, Xerox CEO Steve Bandrowczak fielded an analyst’s question on the impact to the company of the recent ban on Ninestar imports to the US. Ninestar, via Lexmark, has been a supplier of parts and devices to several leading OEMs, including Xerox. Since mid-June, the Chinese firm has not been allowed

Xerox has reported a good uptick in margins for the second quarter of the year, although the top line remained virtually flat. The OEM achieved Q2 2023 revenue of $1.75 billion, a constant currency improvement of 0.5% compared with last year. Equipment sales were up more than 14% to $420 million, offsetting a 3.2% drop

Ninestar has published preliminary H1 2023 results for its subsidiaries, including Lexmark. In a document (in Chinese) posted on the Shanghai stock exchange, Ninestar reported that Lexmark’s sales for the first six months of 2023 were down around 13% year on year to $1.01 billion. Own brand printer sales grew by 12%, but this was

Aftermarket supplies and components supplier Static Control has appointed Juan Carlos Bonell as its new CEO, effective immediately. Bonell joined Static Control in 2006 and since then has held different sales positions, most recently as VP of International Sales. In this role, the company said he was instrumental in sales and growth for Latin America,

Armor Print Solutions continues to develop its sustainable OWA brand internationally. A recent post on social media shows Armor Sales Director Bob Reynolds in Australia with representatives of leading reseller Winc. He revealed that Winc is now the exclusive distributor for OWA remanufactured supplies in the Australian and New Zealand markets. This is another coup

US B2B technology sales performance is expected to stabilise in the second half of 2023 and return to growth in 2024 as economic conditions improve, says market research firm Circana. According to the latest Future of B2B Technology Forecast from Circana (created through the merger of IRI and The NPD Group), late demand improvements in

Print research organisation Quocirca says vendors need to provide better support to enable channel partners to fully capitalise on sustainability-led sales opportunities. In its 2023 Channel Sustainability Study, Quocirca estimates that an average of 12% of channel revenue is derived from sustainability-led sales, but this is expected to rise to 22% by 2025. Around four

Epson has reached a settlement with Amazon selling partner Wemax over the latter’s incorrect brightness claims on one of its video projectors. Under the terms of the agreement, Wemax will correct the brightness specification for its Nova projector worldwide from the previously misstated 2,100 lumens to 1,300 lumens. “Virtually every important consumer good or service