Legal news stories take the top billing again this week.
Back to Court
Two companies found guilty by a jury of infringing a Canon patent are urging the US courts to lessen the payment they have to make, or give them a new trial. US based Color Imaging and Taiwan based General Plastic Industrial say the jury ordered them to pay grossly excessive damages to Canon. The jury found they had wilfully infringed Canon’s 7647-012 patent.
Epson Should Win By Default
A US federal judge says Epson should win a lawsuit by default, because the defendants have repeatedly disobeyed court orders. A group of entities in Nevada including InkSystem have allegedly been selling counterfeit cartridges through Amazon.com. The defendants say they have been cooperating but US Federal Judge Valerie Cooke disagrees.
Trademark Law To Be the Next Battle Ground
One OEM is challenging remanufacturers over trademark issues in Australia. Ed O’Connor, who was the attorney who spearheaded the Lexmark versus Impression Products case through to the Supreme Court, claims this will be the new battleground for our industry. O’Connor’s fuller response about trademark law will appear in the next edition of our Recycling Times magazine. O’Connor will also be speaking about this hot issue at the upcoming summit in Zhuhai China on October 11.
There has also been a spate of acquisitions this week. Kyocera has acquired Annodata. Sharp has grabbed Midshire, a UK based office technology reseller which will become part of Sharp Business Solutions UK. And the San Francisco private equity firm Oval Partners has picked up Arizona based Action Imaging Group which has decades of experience in Ricoh, Kyocera, Samsung, and HP products.
Many of the OEMs have released their quarterly report this week as well. Despite declining performances in Europe Konica Minolta still managed a one percent growth in revenue. Kyocera’s sales and profits grew faster compared with the same period last year on the back of investment in new products and aggressive sales promotion activities. Ricoh’s sales increased 4.3% in Japan but slumped 1% elsewhere in the world, but its profits in the quarter rose a whopping 47.7%.
And as we wrap up the week we learn Office Depot has launched a same-day delivery service in Atlanta, Los Angeles and Miami in a bid to ‘wow’ online shoppers.
Staples Australia and New Zealand acquired by Platinum Equity will be renamed Winc. Winc? Yes it’s short for Work INCorporated. Ah, got it!
You can read more breaking news every day on our website at rtmworld.com/2d. Don’t forget to get your copy of our monthly news and views magazine—published in English, Spanish, Chinese and Russian (and soon in Arabic) with industry analyst Charles Brewer sporting the front cover this month. Brewer takes a close look at what the key imaging leaders in China are up to.
Thanks for keeping inTouch.
Director, RT Media