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A press release from Epson stated that the OEM and Ninestar have settled all disputes relating to alleged infringements of Epson’s U.S. patents by Ninestar’s new and remanufactured cartridges. Without admitting any infringements, Ninestar agrees that the asserted Epson patents are valid and enforceable, that it will cease sales of the accused products and that it will not infringe the asserted Epson patents. Ninestar may, however, continue selling legally remanufactured cartridges.
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Xerox announced fourth-quarter and full-year 2011 results. In the fourth quarter, total revenue was flat at $6 billion. For the full year, Xerox’s total revenue reached $22.6 billion, up 5 percent. The company’s net income was $1.3 billion, up 21 percent. Xerox Chairman and CEO Ursula Burns commented on the company’s performance saying, “While operating in a challenging economic environment, we’ve grown our global market share for equipment revenue, further strengthening our industry leadership. Installs of Xerox equipment increased 8 percent in the fourth quarter. And, our managed print services are proving not only to be the industry standard but also an engine of growth for our business.”
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Although the Ricoh Group’s two production bases in Thailand managed to avoid direct damage to equipment as well as danger to employees, the company experienced difficulty in sourcing out some parts, and since October 17, 2011, the company had to suspend production in some laser printer lines. Ricoh recently reported, however, that production has now returned to preflood levels, and in order to make up for the lag in production scheduling, Ricoh aims to increase total production volume, thus ensuring a stable product supply going forward.
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Xerox recently reported that in 2011, the Xerox group (Xerox and its wholly owned subsidiaries) garnered 1,618 U.S. patents, growing its number of filed patents to nearly 58,000 since 1930. “A growing number of patents reflect Xerox’s focus on integrating innovation into the company’s services business,” the company’s statement said. Some of Xerox’s current patents include technologies to help manage electronic payments and time and attendance systems more efficiently. Together, Xerox and Fuji Xerox invest about $1.5 billion annually in research and development.
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Get the latest news in the Press Releases/Aftermarket Updates sections of Rechargermag.com. Current headlines include: Static Control Opens New Canadian Distribution Facility; BTA Managed Services Workshop Set for Feb. 22-23; Printersdirect Opens New Manufacturing Facility; Cannon IV Selects GreatAmerica, Sally Brause for Annual Award; ACM Achieves Platinum Status From The Green Business Bureau; Laser Concepts Welcomes Tom Nielsen; Parts Now Unveils R4 Assessment Pro; Apple ‘App’ Expert Angelo Koutsogiannis Joins MWAi.
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