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CANON INDIA SEES DECLINES IN INKJET PRINTER SALES
MUMBAI: Japanese digital imaging firm Canon has said it is witnessing a decline in its inkjet printer sales in the domestic market, in line with the falling personal computer sales, but it hopes to reverse the trend from October through household sales.
"With PC market saturating, the function of inkjets is also diminishing and so are their sales. Declining PC market is threatening this segment now, but using inkjet multifunction and new products we will try to increase sales again from the fourth quarter (beginning October)," Canon India president and Chief Executive, Kensaku Konishi told PTI.Canon will promote sales of inkjet printers to household users through exclusive retail showroom `Canon Image Square’."At the moment our market share of inkjet printer is around 15 percent. We will try to acquire 20 percent by end of this year," Konishi added. The domestic digital printing market is around Rs 1,000 crore and growing at 25 pc annually.
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