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Epson continues to strengthen its position in SE Asia
05
Oct '16
Courtesy: Epson
Courtesy: Epson
Epson, a Japan based global technology leader dedicated to connecting people, things and information, has consistently grown in Southeast (SE) Asia. The company has recorded a steady revenue growth over recent years and is now focusing on its four key areas of innovation that include inkjet and wearables, to drive its growth in this region.

The firm witnessed a positive growth for the last five years and announced a growth of 9 per cent in FY15 in the region that includes countries like Singapore, Malaysia, Indonesia, Thailand and Philippines. It expects to continue a double-digit growth trend in the mid-term.

Epson aims to grow its digital textile, signage and label printing business in SE Asia. It currently enjoys 85 per cent market share for dye-sublimation digital textile printing in the region. The company’s collaboration with Robustelli, an Italian textile printer manufacturing company, will help the former to roll-out its high-end direct-to-garment roll-to-roll digital textile printer within SE Asia.

The PrecisionCore printhead technology by Epson enables printing on fabrics and other media with a variety of inks. This scalable technology is a part of the company’s professional printing business that is expanding in the region. Epson’s large format printer business clocked in a growth of 6 per cent in FY15 and is expected to grow by 13 per cent in FY16.

“Epson’s heritage as a watchmaker is core to its expertise in developing high performance precision technologies. Epson will continue to leverage our core technologies to create new innovations that will meet new needs across our focus segments, to bring new value to our customers through precision and smart technologies, and that will reduce impact to the environment,” said Toshimitsu Tanaka, managing director, Epson Singapore. (KD)

Fibre2Fashion News Desk – India

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