- Fuji Film of Japan announced a 10.9% drop in revenue due to reduced sales of Xerox product, which the company makes. The company also announced it would increase spending on research and development by 7.5%.President Tadahito Yamamoto stated; “We will still continue to sell copier based machines and printers, but we want to be known as a total solutions and services company dealing in office and document management rather than just a copier company. Hence, research and development and new technology are very important to us.”
- Sharp was ordered by the Fair Trade Commission to pay a fine of 261 million yen for attempting to fix prices with Hitachi of color LCD displays sold to Nintendo for its game consoles.
- Apparently Sharp employees are volunteering to teach a class to elementary schools about global warming. (most likely Sharp gets to hand out their solar calculators)
- Fujitsu announced it will close it’shard drive manufacturing plant and layoff 360 employees
- Microsoft signed a patent sharing agreement with Brother. It has signed similar deals with other MFP makers, HP, Samsung, Fuji, Epson and Kyocera. “Our partners and customers continue to demand collaboration as they run increasingly diverse IT environments using technology and solutions that rely on both proprietary and open source code” said Microsoft’s David Kaefer.
- Toshiba announced it will allow 16,700 employees to take second jobs while they are temporary leave.
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