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Thursday, June 4, 2009

Tank Man : Remember this?

What are you complaining about today?

What's your beef?

Cold calls got you down?

Your Sales Manager is an idiot?

No RFP's come in today?

Your demo room is a mess and half the machines don't work?

Your technician is trying to sell your clients Gucci knock-offs from the Philippines?

Still looking/waiting for all that "Hope and Change"?

Is there a tank in your way? Two tanks? A column of tanks?

20 years ago, this one event changed China forever. In theory, Communism combined with Capitalism should be like the old "matter vs anti-matter" argument, the two should implode.

Well, it's officially the Land of Bizzaro, because yesterday, a Chinese manufacturer, not even an automobile manufacturer, bought Hummer from the dying "Generous Motors".

My oh my, "...How are the mighty fallen...!"



Check this pic out of Tank Man from street level - YIKES!





I may lose my Chinese readers with this one.

Wednesday, June 3, 2009

Fuji Xerox: to take 2-3 yrs for demand to recover

Reuters -

TOKYO, June 3 (Reuters) - Japan's Fuji Xerox Co said it will take several years for global office equipment demand to return to levels seen before the financial crisis, with the sales outlook for industrial nations particularly murky.

Fuji Xerox, a copier and printer joint venture between Fujifilm Holdings (4901.T) and Xerox Corp (XRX.N), said it plans to focus on growth areas such as digital commercial printing operations to drive sales. Digital commercial printers are used to produce such documents as product manuals and direct mail quickly and in large volume, and are a fast-growing segment of the printer market.


Asked how soon the global office machine market is likely to see a full-fledged recovery in demand, Fuji Xerox President Tadahito Yamamoto said: "My answer is 'still uncertain'.

"In Japan and the United States and Europe it's still difficult to tell. I think it will take another two to three years," Yamamoto said at a meeting with reporters on Wednesday.

Parent Fujifilm expects sales by its document solutions section, which shows Fuji Xerox's performance, to fall 7.2 percent in the year to March 2010 to 1 trillion yen ($10.5 billion).

Yamamoto said Fuji Xerox aims to double its revenues from digital commercial printing operations and document-related outsourcing to 400 billion yen by the year to March 2014.

In document-related outsourcing, Fuji Xerox carries out such tasks as brochure and direct mail design, business letter and invoice printing, and hardware maintenance for companies, schools and governments.

Shares in Fujifilm closed up 2 percent at 2,845 yen, outperforming the Nikkei average .N225, which gained 0.4 percent.

Fuji Xerox is owned 75 percent by Fujifilm and 25 percent by Xerox of the United States. (Reporting by Kiyoshi Takenaka; Editing by Michael Watson)

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