SHANGHAI - Wednesday, March 20th 2013 [ME NewsWire]
(BUSINESS WIRE)-- Toshiba, the global leaders in printing and imaging products, solutions and services, has for the 13th consecutive year retained its position as market leader in the A3 MFP Product Category in China, according to regional industry analysts Key Research Company.
Facts and Figures
"China's economic growth could be over 8 percent this year. China's economy supports a very large part of global demand," Senior Industry Analysts told Reuters recently. Full year growth in the world's second biggest economy rose to 7.8 percent in 2012.
Interestingly, the A3 MFP market in China stood at 507,300 units in 2012, a 4 percent decline from 2011 according to Key Research. Although the Color MFP devices grew 19 percent in sales units, the monochrome devices suffered a decline of 6 percent compared to last year.
Toshiba maintained its leadership in the China A3 MFP market with a market share of 17.9 percent, ranking unrivalled at No. 1 since 2000.
Leading market analysts in the APEC region Key Research put Toshiba at the top of the league table of MFP solution providers in China, the company now for the 13th year in a row confirming is strong market position in the world's second largest economy.
Toshiba TEC Strategy
To further strengthen its market leadership in the MFP market in Asia, Toshiba TEC will soon roll out a new, compact line of the award-winning e-STUDIO MFP series. Toshiba will combine the brand's traditional virtues of reliability and long life cycle with attractive price points.
According to market analysts, the region's economies continue to grow at a high rate and Toshiba TEC is extremely well-positioned to meet the demand of this booming Small and Medium-sized Businesses market segment (SMB). "The company is proud to sign for a strong value proposition and a nationwide distribution network aimed at delivering top service to customers in Asia throughout the long product lifecycle of Toshiba TEC MFP solutions," Isao Sugehara, President, Toshiba TEC China said.
Toshiba TEC's portfolio of monochrome MFPs in combination with a strong offering of new color MFP solutions allows users from industries including, agriculture, manufacturing, construction, real estate, banking and insurance, transportation and logistics, healthcare as well as retail and entertainment to continuously improve on their efficient operations and increase their bottom line.
Source: "China Copier & MFP Market Report 2013 March" published by Key Research Inc./A3 Copier & MFP market
About Toshiba Tec Corporation
Toshiba Tec Corporation, a Toshiba company, designs and markets worldwide an extensive range of technology products, including POS (Point of Sales) systems and barcode printing equipment, label printing and RFID systems for the manufacturing, logistics and retail industries; and kiosk and self-service solutions for the retail, hospitality and transportation industries. Toshiba Tec is a leading global provider of copiers and MFP for office use.
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