In a recent development that sent ripples across the global print industry, a Chinese printer and supplies manufacturer has been placed on a restrictive list by the U.S. Department of Homeland Security (DHS).

Ninestar’s connection to Lexmark has subsequently cast a shadow of uncertainty on Lexmark and its network of resellers in the U.S. market. Given the present situation, the question on everyone’s mind is – What lies ahead for Lexmark and its resellers amidst this unfolding scenario?

To address these concerns, Lexmark has issued an official response outlining its stance and providing clarity on its future course of action. This response provides valuable insights into how Lexmark plans to navigate through this predicament and assure continuity for its resellers.

Lexmark was quick to emphasize that it operates as an independent entity, maintaining its own supply chains, manufacturing capabilities and business operations.

In light of the DHS action, Lexmark assured that it is taking prompt and necessary steps to review the situation and the potential impact on its operations and customers. The company affirmed that it is closely working with legal advisors, industry experts and government officials to ensure compliance with U.S. laws and regulations.

Lexmark affirmed that it has a robust contingency plan in place to mitigate any potential disruptions and to maintain the delivery of high-quality printing solutions that Lexmark customers have come to rely upon.

The company underlined its commitment to corporate responsibility, stating its firm stance against any form of human rights violation. It reiterated that it adheres to a stringent code of conduct that champions ethical business practices, respect for human rights and strict compliance with all applicable laws and regulations. Lexmark emphasized its dedication to the welfare of its employees and the communities it operates in, promising to continue operating under these principles.

While the DHS action has indeed cast a cloud over Lexmark, the company’s swift response provides reassurance for its U.S. resellers and customers. More on this story as it unfolds.

SOURCE Industry Analysts Inc.