Sunday, December 28, 2008

Copying machine graveyard

This can't be good news for the document technology industry here in USA either. With so much of unused, off-lease equipment in the market, sales of new equipment is likely to take a bigger hit. This apart from the fact that new copiers are not high on business' investment plans right now and increasing reliance on electronic communications is finally making a dent on the print volumes.

From Asahi Shimbun

Recession leads to copy machine graveyard

photoRecession leads to copy machine graveyard (TAKU HOSOKAWA/ THE ASAHI SHIMBUN)


With barely space to move in this warehouse packed with used copy
machines in Tokorozawa, Saitama Prefecture, OA Land, an office
equipment leasing company, recently placed a cap on buying used office
equipment. The company acquired as much as 70 percent more used items
in recent months than usual as the number of companies going bankrupt
or cutting back has risen amid the current global financial crisis.
(IHT/Asahi: December 24,2008)






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