Epson captures top spot in Inkjet, building new plant

Epson has been a long-time leader in many printer categories, most especially with dot matrix which it has 97% market share since 2014. However, in the inkjet market, they remain to be just number 2 until last year where it finally took the top spot.

The IDC report for 2014 pointed to Epson surpassing Canon and HP for the no. 1 spot, both in quantity (35.9%) and value.

The success can be attributed to the introduction of the L-series printers which are basically continuous ink system (CIS).

Epson Precisio Philippines also announced (back in December 2014) it will be building a new plant in Lipa City, Batangas to produce/assemble their projector line-up.The total investment is about Php4.6 billion (or $103 million) for the inkjet, smart glasses and projector manufacturing business.

The company will also install a mega solar power-generation system with a capacity of approximately 3,000kWh on the roof of the new plant which is situated in the existing complex. The project will require Epson to increase manpower to 20,000 employees from the current 12,500.

The new plant is expected to be completed by 2017.

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Epson to construct new plant in the Philippines

Seiko Epson Corporation (SEC) recently announced that it will construct a new plant to be located in Lipa City, Batangas to meet the increasing inkjet printer and 3LCD projector production volumes.

Seiko Epson will invest 12.3 billion Yen (~Php4.58 billion) in manufacturing subsidiary Epson Precision (Philippines) Inc. (EPPI) for the construction of the new plant in Batangas which will produce inkjet printers, projectors, and smart glasses.


Blue area is planned site of construction of the new plant.

State-of-the-art facilities will be constructed inside the existing site including a mega solar power generation system with a capacity of approximately 3,000 kWh on the roof of the new plant.

In line with the increased production, Epson also plans to increase the workforce of Epson Precision (Philippines) to approximately 20,000 from the current 12,500.

Construction is expected to begin in early 2015 while operations is scheduled for Spring 2017.

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Epson continues to be number one in POS for 5 years

Lazada Philippines

Epson was yet again named the number one Point-of-Sale (POS) printer manufacturer in Southeast Asia by International Data Corporation for five consecutive years in a row, showing the company’s commitment to customer satisfaction.

Results from 2013 showed that the company held 45% market share in the entire Southeast Asia POS printer market. Simply put, almost every other POS printer purchased in 2013 was from Epson.

Epson no.1 POS Receipt Printer Logo

In addition, Epson maintains its lead from other printer manufacturers in all markets where the Japanese company has presence. In Singapore, they hold 61% of total market share, while Epson in Indonesia holds 54% of the market for POS printers. Both here in Philippines and Malaysia, they hold a 1-in-3 share with 37% and 33%, respectively. Lastly, Epson Thailand holds 45% of the POS printer market.

“POS systems are the backbone of many businesses from F&B to retail and can have a very big impact on things like productivity, efficiency and overheads, which is why we put so much effort into creating the best, most user-intuitive systems we can, and the results show in this great honor we have received,” says Koichi Endo, Managing Director of Epson Southeast Asia. “Being the number one POS printer for the past five years, however, does not mean we can rest on our laurels. We have a responsibility to our customers to live up to, and exceed their expectations. It is this dedication to innovation that has led to Epson being named Southeast Asia’s number one POS printers, and it continues to be a great honor.”

{Epson}

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