Epson has launched the fastest all-in-one photo printer in its entire printer lineup – the Epson Stylus Photo TX720WD, which succeeds its International Forum Design Award 2009 winning predecessor, the Epson Stylus Photo TX700W. This new photo model retains the key strengths of the previous one by featuring the fastest print speed in all of Epson’s inkjet printer series, … [Read more...]

Sony Corp. is planning to invest about 100 billion yen (US$1.19 billion) to double the output capacity for CMOS image sensors used in digital cameras and smartphones, at its production facility in Nagasaki by March 2012. The investment amount includes the cost of purchasing Toshiba’s chip manufacturing line in Nagasaki. Toshiba has reached a basic agreement to sell the line … [Read more...]

Strong sales of DSLR cameras are seen to be driving an earnings recovery at Canon Inc., putting the company on track for an 84% operating profit gain and a two-digit growth in fiscal year 2010 that ended in December 2010, and two-digit growth in 2012. Its group net profit for the fiscal 2010 appears to have surged 86 percent to 245 billion yen (US$2.916 billion). … [Read more...]

Fujifilm has raised the cost of its photo papers by 5 percent to 20 percent worldwide from early 2011. The recent increase in the prices of silver, petroleum products, wood pulp and transportation has driven up production costs globally. The time of implementing and degree of price hike may differ in each country.   … [Read more...]

Canon Inc. has decided to invest 30 billion yen (US$360 million) in the construction of new toner cartridge parts factory, to be located in Oita, Kyushu. The company had announced the plan previously in 2008, but was put on hold due to the dwindling demand for laser printers, amidst the global recession. But now, they have decided to start construction by June, forecasting … [Read more...]