Week in Review: Strategic Moves and Celebratory Milestones in the Office Equipment Industry

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1. Sharp Electronics Achieves Remarkable MFP Market Growth

Sharp Electronics has made a splash in the industry with an impressive 250% growth in their multi-function printer (MFP) sector. Beyond printers, Sharp is also making waves with their involvement in inventory management, stadium display technologies, and a collaboration with NEC.

2. Ricoh’s Leadership Unveils ‘Drive for 25’ Strategy and Future Ambitions

Ricoh’s CEO has laid out the ambitious ‘Drive for 25’ initiative, charting a course for the company’s growth and innovation through 2024. This forward-looking plan is set to propel Ricoh into a new era of industry leadership and customer-centric solutions.

3. Xerox Bolsters Support for Resellers with Managed Print Services

Xerox is enriching the reseller experience, offering comprehensive office equipment management through its Managed Print Services. This support is integral for resellers looking to streamline operations and enhance service offerings.

4. Lexmark’s Commitment to Sustainability Recognized by Quocirca

For yet another year, Lexmark has been acknowledged as a leader in sustainability by the renowned research firm Quocirca. This recognition reaffirms Lexmark’s dedication to environmentally responsible practices and innovations within the industry.

5. ACDI Celebrates with its Signature New Year’s Eve Ball Drop

ACDI is bringing back its beloved Ball Drop event for New Year’s Eve, promising a celebration that combines festive cheer with a nod to the industry’s collective achievements and the anticipation of the new year’s opportunities.

The office equipment sector continues to evolve with dynamic growth, strategic initiatives, and a commitment to sustainability. Mars International is proud to support this week’s recap, showcasing the latest industry news and trends that shape the market.


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SOURCE Industry Analysts Inc.