The market for printing devices in the Philippines grew by an astounding 34.5 percent in Q1, compared to the same period last year. This is a sharp contrast to overall Asia-Pacific region drop of 7.6 percent, the sixth consecutive quarter of year-on-year drop.
According to International Data Corporation’s (IDC) Quarterly Hardcopy Peripherals (HCP) Tracker, about 233,400 units of single and multifunction printers (MFP) and copiers were shipped in Q1 versus 174,000 units in Q1 of 2012.
Eight out of 10 were of inkjet technology while laser and serial dot matrix (SDM) accounted for the remaining 12.9 percent and 7.0 percent, respectively. Total market revenue hit an all-time high of US$48.2 million.
