Seiko Epson Stock Price, News & Analysis

Epson, the leading projector manufacturer globally, launched three new versatile business projectors: EX5280, Pro EX7280, and EX9230. These projectors, designed for hybrid workspaces, feature up to 4,000 lumens brightness and Full HD resolution, making them suitable for professional presentations and home entertainment. They support easy connectivity with devices like Fire TV and include user-friendly features for seamless operation. The projectors are priced at $629, $699, and $799 respectively and are available now.

Epson has launched the WorkForce Enterprise WF-M21000, a monochrome A3 multifunction printer boasting the fastest print speed in its class at 100 ISO ppm. Utilizing PrecisionCore Heat-Free Technology, it claims enhanced reliability and up to 80% lower power consumption compared to similar models. Designed for large workgroups, it features high-capacity ink cartridges yielding up to 60,000 ISO pages. The WF-M21000 supports mobile printing and integrates with third-party solutions, aiming to serve sectors like healthcare and education, replacing the WF-M20590.

Epson has announced a significant milestone for its SurePress L-6534VW digital label press, achieving production volumes of 1.99 million square feet in one month, 5.5 million square feet in a quarter, and 13.8 million square feet over nine months since installation. This performance is tracked via the Epson Remote Management System and indicates that the SurePress's output is four times the average for large digital presses, which ranges from 215,000 to 430,000 square feet monthly. The press aims to enhance productivity and reliability for label converters.

Epson expands its textile printing lineup with the launch of the SureColor F10070H dye-sublimation printer, designed to meet increasing demand for customized products. This 76-inch industrial-level printer offers unmatched productivity, operating at speeds up to 2,635 sqft/hr and costs approximately half that of competitors in the $50k-$180k price range. With multiple ink configurations and advanced features, it allows print shops to deliver high-quality, vivid apparel and décor just in time. The printer is expected to ship in July 2021.

Epson America will host a webinar on April 21, 2021, from 9:00 to 9:30 a.m. PDT, focusing on sustainable office print solutions titled "The Role of Printing and Sustainability in Education." The event aims to educate dealers on cost-effective color printing with environmental benefits using Epson's PrecisionCore Heat-Free Technology. Features such as low energy consumption and reduced waste are highlighted in their product line, including the WorkForce Enterprise series and Supertank printers. The event is designed to enhance printing capabilities for educational institutions.

Ordermark is enhancing restaurant operations with its online order management technology, facilitating delivery through a unified dashboard. The partnership with Nextbite allows restaurants to offer delivery-only brands, increasing revenue opportunities. The Epson OmniLink TM-T88VI printer supports this system by enabling seamless printing of brick-and-mortar and virtual orders. Restaurants are benefiting from these solutions, optimizing kitchen space and improving order fulfillment efficiency.

Epson has announced its sponsorship of Crayola IDEAworks: The Creativity Exhibition, which opened on February 13, 2021, at The Franklin Institute in Philadelphia. The exhibition aims to inspire creativity and problem-solving skills through immersive activities utilizing Epson's projectors and printers. Attendees will explore different interactive areas and experience colorful art activities. The exhibition is designed to engage families and will tour multiple U.S. cities following its Philadelphia run. Epson's partnership with Crayola emphasizes their commitment to innovation and creativity.

Epson has expanded its ColorWorks C6000-Series on-demand label printers with the introduction of matte black ink. This new ink option, along with the existing gloss black, enhances printing for shipping and warehouse labels, offering crisp black text on various media. The C6000-Series supports peel-and-present capabilities for quick label application, making it an ideal upgrade from traditional thermal transfer printers. Epson's commitment to innovation aims to streamline labeling processes for businesses, creating versatile solutions tailored to specific applications.

Epson announced the launch of Moverio BT-40 and BT-40S augmented reality smart glasses, enhancing user experience with advanced Si-OLED technology. Key features include a 34° field of view, Full HD 1080p display, improved connectivity, and a comfortable design. The BT-40 is priced at $579, while the BT-40S, which includes an Intelligent Controller running Android 9.0, is priced at $999. These glasses target growing sectors like industrial field services and remote assistance. Pre-orders begin with availability expected in Q2 2021.