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Konica Minolta opens industrial printing base in France
07
Nov '16
Konica Minolta, Inc., developer of multi-functional peripherals (MFPs) and printers, has opened a strategic business base in France for industrial printing. It is the Company's first overseas business base, where it will formulate medium and long term strategies to strengthen its industrial printing business by evaluating customer value propositions.

Konica Minolta is determined to evolve into a problem solving digital company capable of facilitating workflow transformation with its digital technologies to deliver greater convenience and higher productivity to customers' work processes. The market size of industrial printing, including labels, packaging, and textiles, is estimated at 50 trillion yen, which means there is a huge growth potential in the digital printing business.

Konica Minolta aims to deliver new value to the industrial printing industry and expand its digital printing business by leveraging its digital technologies to meet the need for high-mix small-lot production and shorter lead time, and also by offering solutions to enhance efficiency of printing operations.

With a business base in Europe, the centre of the global industrial printing market, Konica Minolta aims to accelerate the development of solutions for industrial printing through a cyclic process of creating new customer values and business models and then evaluating the values and business models jointly with customers. This customer-centric cyclic process, which Konica Minolta has employed as its original framework to evaluate customer values, has been making meaningful contributions to the company's business and technical development in recent years.

In the label and packaging printing industry, digitalised high-mix small-lot production is also expected to largely enhance the efficiency of the post-press process of varnishing, laminating, foil stamping, and die cutting. Konica Minolta will seek opportunities to accelerate open innovation in this field through its existing alliance with MGI Digital Technology (MGI), a leading high value-added digital printing equipment manufacturer based in France, and also by strengthening partnerships with a number of post-press equipment manufacturers in Europe.

Under its mid-term business strategy, Konica Minolta plans to expand its business by offering new solutions in industrial printing as well as value-added services in commercial printing to achieve its target to increase the total revenue in the production print business to 360 billion yen in fiscal 2020. (GK)

Fibre2Fashion News Desk – India


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