Sales of color-laser printers and multi-function devices that copy, print, scan and fax, have provided growth spurts, even as traditional black-and-white printing and copying shrinks.
It is in the process of shutting down its inkjet printer operations in order to concentrate on the faster growing laser printer and multi-function device markets.
Canon may be most familiar as a camera company, but 50% of its third quarter revenue came from office products such as laser printers and multi-function devices.