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Friday, April 26, 2024

Epson expects sales to rise 19% this year

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Epson Philippines Corp. expects sales to increase 19 percent this year on the back of higher demand for inkjet printers and projectors. 

“We boldly predict a strong 19-percent growth by the end of the fiscal year 2018 and, we are confident in achieving this because of the continued support of our partners,” Epson Philippines marketing director Eduardo Bonoan said Tuesday. 

“We aim to enable more partners from even bigger segments by bringing the right products and solutions to the right market,” he added. 

Epson continues to dominate in the highly competitive inkjet printer and projector industry.

Epson’s inkjet printers posted a market share of 55 percent in the first six months of 2018, according to the latest Hardcopy Peripherals Report of marketing intelligence firm International Data Corp.

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Epson remains the leader in the projector business with a 55 percent market share in the second quarter of 2018. 

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