Digital imaging company Canon India introduced new Single Function Laser Printers LBP 351x, LBP 352x and the Multi-function MF 515x.
Canon India, the subsidiary of Canon Singapore, informed that these products are designed to address the printing needs of the Government, Large Enterprises, BFSI and Healthcare segment.
Priced in the range of INR 87,495 to INR 149,999, these printers can print above the speed of 40 PPM, which is a first from Canon for the Laser printer portfolio.
Canon image CLASS LBP 351x / LBP 352x printers support mobile and cloud printing. They offer black-and-white printing speed at 55ppm and 62ppm respectively with minimal power consumption.
Meanwhile, Canon imageCLASS MF 515x is a heavy duty multi-function printing device suited for high demanding work environments.
It protects sensitive documents using Secure PIN printing that secures documents when printing from a PC or mobile device. The device also supports Legal Sized scanning and 1 GB RAM memory capacity.
The device host an array of features supporting mobile printing, two-sided printing, auto-duplex scanning and eco-friendly operations.
“Enterprise Laser segment is a significant market for Canon and we are dedicated to providing them with outstanding print technology and innovations,” said Kazutada Kobayashi, President and CEO, Canon India.
“With this launch, we aim to further augment the presence of CIPL A4-Laser printers in the Commercial Printing Segment, thereby considerably raising our market share from the existing 26 percent,” he added.
Canon’s announcement followed a day after Ricoh, it’s rival, unveiled two new products in its color laser printer range – RICOH SPC435DN and RICOH SPC440DN.
RICOH SPC440DN is said to print at the same speed of Canon’s newly announced printers.
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The RICOH SP C435DN is designed for the budget conscious office. It provides a wider range of media options — including thicker media stocks up to 256 gsm.
It comes with a 4-line LCD control panel, which will help a user to easily check settings, monitor supplies and perform other key tasks in moments and transition from one job to the next.
RICOH SPC435DN and RICOH SPC440DN are available in the market at the price of INR 70,800 and INR147,770, respectively.
According to research firm IDC, hardcopy peripheral (HCP) market in India dropped 4.7 percent sequentially in the second quarter of 2016 to reach 757,783 in terms of shipments. The decline was driven by low demand from government and corporates.
Overall, HP managed to achieve 43.1 percent shipment share in the second quarter of 2016. Canon had a market share of 21.2 percent and grew 21.9 percent quarter-on-quarter.
Similarly, Epson grew by 4.1 percent and achieved 20.9 per cent market share.
A breakdown of data showed that overall HCP inkjet market advanced 10.6 percent quarter-on-quarter with HP and Epson witnessing sequential growth of 8.8 percent and 2.6 percent, respectively.
At the same time, the laser HCP (printer-based) market declined by 14.5 per cent quarter-on-quarter in terms of unit shipments.
HP retained its top position with a share of 55.8 per cent, followed by Canon and Samsung at the second and third position, respectively.
In September, HP agreed to buy Samsung Electronics’ printer business for $1.05 billion. The deal is expected to close in 12 months.
Arya MM
editor@infotechlead.com
