Shutterfly is known as one of the world’s largest online retailer and manufacturer, providing image publishing services. HP Inc. recently announced that it has signed a five-year deal with Shutterfly, who has named HP as its preferred digital press provider. Last year, around the same time, Shutterfly had acquired a first phase of 25 HP Indigo 12000 Digital Presses, making its combined order the largest deal by far for HP Indigo. This five-year deal marks the biggest ever competitive win for HP Indigo, with Shutterfly’s decision to make HP its preferred digital press provider and replace presses from an existing vendor. Shutterfly has announced that it will use its new fleet of digital presses to produce a range of high-quality, personalized products and gifts including photo books, calendars, custom stationery, cards and keepsakes. The 29-inch format HP Indigo 12000 Digital Press will enable the production of these products through offset matching digital colour with true photo quality, high productivity, and wide versatility on an unmatched range of media including synthetic, metalized and canvas applications. Sharing his thoughts on the coveted deal, President of Imaging & Printing Business, HP Inc - Enrique Lores said, “We are seeing an incredible renaissance in digital printing. People click on what they like, but print what they love. The power of HP’s digital print technologies opens new markets, applications and possibilities for our top customers like Shutterfly”.
Nikon Corp. announced on August 3 the financial results for the first quarter ending on June 30, reporting that the total revenue for the period gained a 0.6% year-on-year to 170.3 billion yen, profit in operation declined 31.1% to 12.4 billion yen and net profit down 39.5% to 8.89 billion yen. In the Imaging Products segment, sales of mid-class cameras such as the D7500, a digital SLR camera released in June this year were firm, with unit sales increasing significantly in the U.S. Accordingly, the performance in revenue and operating profit exceeded the planned targets, but compared to the last year, a decease in revenue and operating profit was recorded due to a product mix change caused by the stagnant demand for the D5 and the D500. The company sold 720,000 units of interchangeable-lens cameras, 1.08 million units of interchangeable lenses and 770,000 compact digital cameras. The company said the unit sales of compact digital cameras declined but the average unit price rose about 30%.
ISRO's Polar Satellite Launch Vehicle PSLV-C38 recently launched the 712 kg Cartosat-2 Series Satellite along with 30 copassenger satellites from Satish Dhawan Space Centre SHAR, Sriharikota. This event marked thirty ninth consecutively successful mission of PSLV. One of the 30 co-passenger satellites carried by PSLV-C38 was CE-SAT 1, a fifty-kilogram (110 lb) microsatellite built by Canon Electronics, Japan. Canon will use the spacecraft to demonstrate a high-resolution imaging system in orbit, with a ground resolution of up to one meter (3 feet). About 60% of components of the satellite are manufactured by Canon, and the company targets a 100% inhouse production in the near future. The company also plans to sell the satellites, related components and the image data collected by the CE-SAT 1. The small-size satellites are expected to be sold for 1 million yen (approximately).