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Worldwide Large Format Printer Market Returned to Growth in 3Q2013

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The worldwide large format printer market grew 6.2% year over year with 77.7 thousand units shipped in the third quarter of 2013 (3Q13), according to the International Data Corporation (IDC) Worldwide Quarterly Large Format Printer Tracker.

This quarter’s market growth marks the first time since the first quarter of 2011 where both units and shipment value achieved year-over-year gains.

IDC quantified the total 3Q13 market value at $802.8 million, an increase of 6.2% year over year.

The overall growth was fueled by solid demand from the two largest geographic markets, the United States and Asia/Pacific (excluding Japan)(APeJ).

The U.S. had year-over-year growth of 16.5% in units and 8.4% in shipment value while APeJ enjoyed a 20.9% gain in units and 8.4% in shipment value.

“Epson was one of the main growth engines in the APeJ market. The password encryption on Epson print heads benefited Epson itself, as well as Roland, Mimaki and Mutoh who OEM from Epson.

The encryption was established in December 2012 and helped to prevent other Chinese brands from using Epson print heads to develop their own machines,” said Phuong Hang, program, director, Worldwide Large Format Printer Tracker.

The technology highlights show that the technical application segment grew 5.7% to 45.9 thousand units shipped, and accounted for 59.1% share of the total LFP market in the third quarter, unchanged from a year ago.

Seven out of eight regional markets showed year-over-year unit growth in this segment with the Middle East & Africa (MEA) leading the pack at 23.8%, followed by the U.S. at 15.4% and Japan at 12.7%.

The graphics application segment also showed a year-over-year gain in 3Q13, increasing 6.9% to 31.8 thousand units and accounting for 40.9% share of the overall market.

The two largest regional markets, APeJ and the U.S., were among the four regional markets that posted year-over-year growth, 19.8% and 18.0%, respectively. The other two regions that expanded year over year were Japan and MEA.

Vendor wise, HP continued as the number one ranked vendor in 3Q13 with worldwide large format printer market share of 39.1% and 30.5 thousand units shipped, which is a -1.4% decline year over year.

The vendor posted year-over-year growth in four regional markets, including APeJ and the U.S., with 15.0% and 13.4%, respectively.

Epson climbed up one spot from last quarter to become the number two ranked vendor. Epson grew 13.5% year over year to 16.6 thousand units shipped, resulting in 21.4% share.

This performance was driven by double-digit year-over-year growth in the U.S. (51.4%), APeJ (34.2%), Japan (22.4%), and MEA (16.8%).

Canon moved down one spot from last quarter to the number three position worldwide. The vendor increased 12.4% year over year to 16.4 thousand units and 21.1% share. Canon had a year-over-year increase in all regions except for Western Europe.

The top three regions in terms of year-over-year growth were Central & Eastern Europe (CEE) at 46.7%, APeJ at 35.5%, and Canada at 17.3%.

Roland strengthened its position as the number four vendor in the worldwide large format printer market with 20.9% year-over-year growth and 2.7 thousand units shipped.

Other than Europe, the vendor posted year-over-year gains in all other regions with MEA being the leader in terms of year-over-year growth at 50.0%, followed by APeJ at 45.7% and Latin America at 45.1%.

Ricoh continued as the number five vendor for the third consecutive quarter with over 2 thousand units shipped and 2.6% share.

The vendor’s shipments increased 22.1% year over year, the best year-over-year performance among the top 5, and posted positive shipment growth in all regions except for Latin America.

All of Ricoh’s top three regional markets expanded year over year including Japan growing at 3.8%, the U.S. at 45.1%, and APeJ at 20.4%.

 


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E-Business

Hisense Electronics Unveils Flagship Showroom in Abuja

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By Fabian Tarpael, Abuja

Hisense electronics unveiled a flagship showroom in Abuja over the weekend. Speaking at the event, Mr. Mustapha Khries, the Abuja Branch Manager of the Fouani Group, highlighted the significance of the flagship store, describing it as the first of its kind in the entire West African region.

He also addressed the challenges facing businesses in Nigeria, particularly the high exchange rates and transportation costs.

“The Fouani Group remains resilient and ready to overcome challenges, unlike others who often exit the market when faced with similar issues.”

Ms. Haifa Du, Senior Sales Manager for Hisense Electronics, emphasized the brand’s commitment to affordability and innovation, stating that Hisense offers the most cost-effective and advanced solutions in the market.

The event underscored Hisense’s dedication to technological innovation and sustainability while reaffirming its leadership position in the consumer electronics market.

Mr. Robbin Wei, Senior Sales Manager of Hisense Group, supported by Mr. Greg and Ms. Haifa Du, showcased various innovative products from the new flagship store.

Among the standout products showcased include; The Hisense 110″ Smart Ultra AMOLED TV, featuring unique capabilities such as a solar-powered remote control and a “locate remote” function to find misplaced remotes easily.


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PalmPay, Jumia Partner to Launch Integration for Shoppers in Nigeria

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PalmPay, Africa-focused fintech operating Nigeria’s most used mobile wallet, and Jumia, Africa’s e-commerce giant, today announce a strategic partnership to enhance the digital payment ecosystem on the continent, starting with payment integrations and co-marketing efforts in Nigeria.

This partnership underscores both parties’ commitment to developing the digital payment ecosystem in Nigeria and grow the use of the cashless economy.

WIth PalmPay now available as a payment method, shoppers on Jumia will now be able to pay for their purchases with the option to check out with their PalmPay wallet, ensuring a seamless user experience and transaction reliability through the direct integration.

“We are proud to partner with Jumia as we bring together the best of fintech and e-commerce to redefine the online shopping experience,” said Sofia Zab, Chief Marketing Officer, PalmPay. “This strategic alliance aligns perfectly with our shared commitment to delivering a superior user experience and exceptional value to our customers.”

Speaking on the partnership, Sunil Natraj, CEO, Jumia Nigeria added: “At Jumia, we are dedicated to creating value for our customers by ensuring a convenient, reliable, and secure shopping experience.

“This partnership with PalmPay strengthens our commitment to enhancing the digital payments within our platform. By integrating PalmPay, we are providing more options for customers to access affordable and quality goods with the convenience of cashless transactions.”

This alliance marks the beginning of a long-term collaboration between two industry giants, aiming to drive innovation, increase convenience for consumers, and foster the adoption of digital payments across Africa.

To celebrate the launch of the partnership, PalmPay and Jumia are launching a special Christmas campaign, running from December 11th to 30th. During this period, customers who make purchases on Jumia using the PalmPay payment method will stand a chance to win exciting cash rewards. More details can be found on the brands’ respective social media pages. @palmpay_ng and @JumiaNigeria.


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Aero Contractors Launches “12 Days of Christmas” Campaign

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Aero Contractors is thrilled to announce the launch of its “12 Days of Christmas” campaign, a festive and engaging social media initiative designed to spread holiday cheer and reward loyal customers.

Running from December 13 to December 24, 2024, this exciting campaign underscores Aero Contractors’ commitment to connecting families, friends, and communities during the holidays.

The “12 Days of Christmas” campaign invites travel enthusiasts, loyal customers, and holiday travelers to participate in fun and interactive activities on Aero Contractors’ social media platforms, including Instagram, Facebook, and X (formerly Twitter). Each day will feature engaging posts such as trivia, puzzles, and challenges designed to ignite the festive spirit and encourage community participation.

Participants are encouraged to follow Aero Contractors’ social media pages, engage with the daily posts by liking, commenting, or sharing, and follow the specific instructions for each day’s activity.

Winners will be selected daily and announced on the respective platforms. Exciting prizes await participants, with the grand reward of a free return economy class ticket—a perfect gift for reconnecting with loved ones or exploring new destinations this holiday season.

“At Aero Contractors, we believe in the power of togetherness, especially during the holidays,” said Capt. Ado Sanusi, Managing Director of Aero Contractors.

“Our ‘12 Days of Christmas’ campaign is our way of giving back to the community that has supported us throughout the year. It’s an opportunity to engage, celebrate, and reward our customers while spreading joy and festive cheer.”

This campaign targets travel enthusiasts, loyal Aero Contractors customers, and families looking to make the most of the holiday season. Through this initiative, Aero Contractors reaffirms its dedication to safe, reliable, and efficient air travel, bringing people closer when it matters most.

Follow Aero Contractors on Instagram, Facebook, and X to join the “12 Days of Christmas” campaign. Engage daily for a chance to win a free return economy class ticket and other exciting offers.


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