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The move highlights a wider trend among established technology companies.
Xerox’s Reinvention strategy is designed to pivot the business toward these higher-margin sectors.
The sharp decline was driven by a impairment loss on goodwill related to Fiery LLC.
A major highlight for this quarter was the announcement of the world’s first AI-integrated All-in-One printer.
Despite this growth in revenue, the company faced a challenging quarter for profitability.
Ninestar’s 2025 results reflect mounting pressure across its core businesses.
Similar strategies have been employed by other Japanese manufacturers in China as well.
Xerox said the board viewed Pastor as a leader with strong operational discipline and deep familiarity with the company.
The move is intended to strengthen Sharp’s capabilities in ERP.
Under the agreement, Ricoh will incorporate Brother’s Exclusive Series into its A4 print portfolio.
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Sunday, June 21, 2026
