Kyocera sales hit by COVID-19

Kyocera sales hit by COVID-19

The company has released its financial results for the three-month period ending 30 June 2020 recording a reduction in sales revenue of 17.6% compared to the same period last year. For the three-month period ending 30 June 2020 Kyocera recorded sales revenues of...
Canon Q2 sales hit by COVID-19

Canon Q2 sales hit by COVID-19

The OEM said that the impact from COVID-19 is growing more serious as it has persisted longer and become more widespread compared with Q1. In the second quarter, net sales declined 25.7% to ¥673.3 billion ($6.4 billion/ €5.4 billion) and operating profit and net...
Konica Minolta revises forecasts

Konica Minolta revises forecasts

The company has released a notice regarding revisions of the forecasts for the consolidated financial results and dividends for the fiscal year ended 31 March 2020. Konica Minolta, Inc. announced revisions of the forecasts for its consolidated financial results for...
OEMs manipulating India’s GeM portal?

OEMs manipulating India’s GeM portal?

Digital India is the government’s flagship programme to transform India into a digitally empowered society and knowledge economy. Government-e-Marketplace (GeM) is an initiative under the “Digital India” drive which helps in the process of public procurement by...
Canon Q2 sales hit by COVID-19

Xerox releases first quarter results

The OEM has released its first quarter results, recording a decrease of 14.7% in revenues year-on-year due to COVID-19 impacts. For the reporting period ended 31 March 2020, Xerox recorded $1.86 billion (€1.70 billion) of revenue, a decrease of 14.7% year-on-year from...