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Dubai, UAE: Seiko Epson Corporation announces that cumulative global sales of Epson's high-capacity ink tank inkjet printers have reached 30 million units.
Epson first launched high-capacity ink tank inkjet printers in October 2010 in Indonesia. The company had by the end of FY2017 (ended March 2018) introduced the printers in about 150 countries and regions, with growth in emerging economies causing the proportion of high-capacity ink tank products in the overall inkjet printer market to grow annually. Epson has continued to maintain the number one share of the market*2 in these products due to its strong brand recognition in the market and its abundant lineup.
In FY2018 (ending March 2019), Epson will further accelerate the shift from conventional ink cartridge models to high-capacity ink tank models with the aim of establishing the latter as the inkjet printer mainstream. In both emerging and advanced economies, the company will also continue to promote the replacement of laser printers with high-capacity ink tank inkjet printers by enhancing its lineup with products with overwhelming cost performance and enhanced easy-of-use. Through these efforts, Epson plans to sell 9.5 million high-capacity ink tank products in FY2018 - an increase of 20% compared to the previous fiscal year. This is expected to account for about 55% of total Epson inkjet printer sales.
Jason Whiley, director of sales, Epson Middle East, says, "High-capacity ink tank inkjet printers allow the users to print faster and get a great quality pictures with low coast. We are focused on Inkjet printers because, they are easier to maintain than laser printers. We will keep improving our Ink tank printers to serve a high-quality product to our customers."
2 The number of global high-capacity ink tank products sold from 2010 to 2017. This is based on IDC Worldwide Quarterly Hardcopy Peripherals Tracker 2018Q1.
About Epson:
Epson is a global technology leader dedicated to connecting people, things and information with its original efficient, compact and precision technologies. With a lineup that ranges from inkjet printers and digital printing systems to 3LCD projectors, watches and industrial robots, the company is focused on driving innovations and exceeding customer expectations in inkjet, visual communications, wearables and robotics. Led by the Japan-based Seiko Epson Corporation, the Epson Group comprises more than 76,000 employees in 87 companies around the world and is proud of its contributions to the communities in which it operates and its ongoing efforts to reduce environmental impacts.Please visit https://global.epson.com
About Epson Middle East:
Epson Middle East oversees Epson’s operations in the Middle East markets, in close coordination with Epson Europe. Headquartered in Dubai, United Arab Emirates, Epson Middle East works closely with a network of resellers and distributors across Kingdom of Saudi Arabia, Bahrain, Egypt, Jordan, Kuwait, Lebanon, Libya, Oman, Syria and Yemen, ensuring the availability of its wide, technologically-advanced product range to businesses and consumers in the region. Please visit www.epson-middleeast.com
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For more information please contact:
Lisa George/Ranya Al Bayoumi, Iris Public Relations, Dubai, UAE. Website: www.irispr.net. TEL: +971 4 434 1207; FAX: +971 4 434 1163. E-mail: lisa@irispr.net/ranya@irispr.net
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