Products
Lexmark specializes in printers and printer accessories. Its current range of products includes color and monochrome laser printers and inkjet printers, both of which may include scanners (including all-in-one devices with faxing and copying capabilities and photo printers), and dot matrix printers. Lexmark was one of the first companies to release Wi-Fi inkjet printers and the very first to release printers with a web-enabled touchscreen. They also offer a wide variety of laser printers with software solutions for more professional printing environments.
A specialized series of printers are - if equipped with separately sold accessory cards (one memory card to hold data and one Lexmark Form card) - capable of interpreting textual data and converting them into forms. To create the forms required for this to work, one uses the software package "Lexmark Forms Composer", a proprietary package available from Lexmark aimed at developers. This same type of software is put into use on the newer releases of Lexmark printers with their business card scanning capabilities.
As of August 28. 2012, Lexmark announced that it will be stopping production of its inkjet printer line in a restructuring attempt. By doing so, Lexmark will close an inkjet supplies manufacturing facility in the Philippines by the end of 2015. It expects to save $85 million annually, rising to $95 million by 2015. It will also be eliminating inkjet development worldwide, cutting 1,700 jobs, 1,100 of which are in the manufacturing process.
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