16 December 2003 – Palo Alto (CA): Hewlett-Packard (HP) has reaffirmed expectations for its high-end copier market entry and said it believes the sector is “ripe” for the taking.
Ron Wait, US commercial marketing manager for HP’s imaging and printing group, told opi.net: “Based on a $24 billion market, HP is expecting double digit growth within three years in the segments we’re targeting. This is not conservative or over ambitious, but rather a realistic and obtainable goal.”
On HP’s future plans for the copier market, Wait added: “We feel the market is ripe. As far as future offerings of lower-end copiers are concerned, we are not prepared to comment on that just yet”.