Brother’s revenue and profits hit by COVID-19

Brother’s revenue and profits hit by COVID-19

The company has released its consolidated financial results for the first quarter which ended 30 June 2020. Brother recorded sales revenue of ¥133.2 billion ($1.26 billion/ €1.07 billion), down 16.4% year-on-year. Overall business segment profit was down 51.1% at ¥8.6...
Konica Minolta results affected by global lockdowns

Konica Minolta results affected by global lockdowns

The company has announced its consolidated financial results for the three-month period ended 30 June 2020. Konica Minolta said its revenue was affected by the lockdown in Europe and the US, Office and Professional Print, which account for a little under 70% of its...
Xerox sued for alleged patent infringement

Xerox sued for alleged patent infringement

On 23 July, Gallio IP LLC filed a civil action lawsuit in the United States District Court for the Western District of Texas for alleged patent infringement for Xerox’s  Secure Access System. In documents seen by The Recycler Plaintiff Gallio IP LLC alleges...