Lexmark announces its withdrawal from the inkjet printer market.

Lexmark, formerly IBM's printer division, is one of the 4 major manufacturers in the sector, along with HP, Epson and Canonhas just announced that it is withdrawing from the inkjet printers.This decision, which will entail the loss of 1,700 jobs across the the world and the closure of a cartridge factory in thePhilippines, should enable the company to reduce its costs by $95 million a year.Lexmark, which manufactures these printers under brand but also on behalf of Samsung and Dellhas recently suffered from the irruption of Kodak in this market in EuropeAt the end of this strategic repositioning, Lexmark intends to expand its services business - a familiar face in the sector - in particular through softwareof flows and managed print services.Paul Rooke, president of Lexmark said on the occasion of this ad : "Today's announcement represents a difficult but essential decision to reduce costs and restore the company's profitability. Our investments will now focus on higher value-added niches, such as software and we believe that the synergies generated on this occasion will be very positive.ves for society".Source : http://www.graphiline.com/article/15576/Coup-de-theatre---Lexmark-abandonne-le-marche-des-imprimantes-jet-d-encre