Epson Philippines turns to corporate users for growth

25.07.2006
Epson Philippines Corp. is turning towards business users for new sources of revenue, as the company struggles to regain market share amidst a shrinking printer market.

According to IDC's numbers for 2005, Epson's share of the total printer market was lower by five percentage points than the previous year and currently holds the number two position at 34 percent. Hewlett-Packard Co.'s share, meanwhile, rose by three percentage points and holds the top spot at 37 percent.

Canon Inc. remains at number three with a 20 percent share of the market.