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Get ready for innovation in printing:
HP said the acquisition would help it to "disrupt and reinvent" the $55bn copier industry, a segment that "hasn't innovated in decades". It is buying a big printing presence in Asia, as well as Samsung's laser printing technology and patents. The deal comes days after HP's sister company sold its software business to rising UK tech champion Micro Focus.
[...] Samsung's printer business made $1.4bn in revenue last year and includes more than 6,500 printing patents as well as nearly 1,300 staff with expertise in laser printer technology. Meanwhile, shares in Samsung fell 9% after it urged customers to hand in Galaxy Note 7 phones as they risk exploding.
Also at TechCrunch and Bloomberg.
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HP to Buy Samsung's Printer Business for $1.05 Billion
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The last time I saw him he was walking down Lover's Lane holding his own hand.
-- Fred Allen
(Score: 3, Touché) by dyingtolive on Monday September 12 2016, @03:28PM
I really liked their laser printers. :(
Also, LOL at HP "disrupting" the copier industry. Yeah, that's what people love when they're trying to print something, disruption. (Yes, I know that's not what they mean to say by it)
Don't blame me, I voted for moose wang!
(Score: 2) by turgid on Monday September 12 2016, @03:38PM
Ha ha. Just after Xerox sent me to HCL, Ursula said that printing was the past. Customers were increasingly looking for ways to avoid printing because it was expensive and bad for the environment. Xerox follows HP usually a year or two later... This should be fun.
I refuse to engage in a battle of wits with an unarmed opponent [wikipedia.org].
(Score: 2) by PizzaRollPlinkett on Monday September 12 2016, @03:52PM
Tell me about it... I had an HP inkjet printer in the 90s, just a low-end consumer one, that lasted about a decade (of heavy use) before tearing up. The replacement lasted maybe three or four years. The replacement for the replacement lasted about a year. Now I have an Epson printer. HP makes trash quality products now. Actually, I didn't know Samsung even had printers. They must not sell them in the USA. But I'd never buy anything with the "HP" logo on it ever again.
(E-mail me if you want a pizza roll!)
(Score: 3, Informative) by dyingtolive on Monday September 12 2016, @04:03PM
You can get them in the US, at least, around me. Check out the Samsung CLP-415. It's $300-500, but it's probably one of the best printers I've owned. Had the thing about 5 years, and I've had to replace the black once, even with all my friends printing off D&D character sheets and 40k army lists from it.
Fuck HP though. ESPECIALLY their consumer line.
Don't blame me, I voted for moose wang!
(Score: 4, Insightful) by AndyTheAbsurd on Monday September 12 2016, @04:43PM
HP's inkjets are trash, but that's because all modern inkjets are trash. Your '90s low-end consumer HP inkjet was a fluke, plus you used it in the only way that makes an inkjet last any sort of reasonable timeframe, which is heavily (most of them get used so infrequently that the problem is that the ink dries out).
HP's laser printers, on the other hand, have kicked ass for decades. I'm sure that there are still LaserJets from the '90s that are still printing dozens if not hundreds of pages per day, with the only maintenance being toner cartridge and drum replacements. I've got a consumer-grade B&W HP desktop laser printer that I bought 5 years ago that's still working fine (even under Linux, which HP officially supports).
I hope that this purchase doesn't mean that the quality of their laser printers will go down. I really don't care what happens to the quality of their inkjet printers as I'm intending to never buy an inkjet printer again.
Please note my username before responding. You may have been trolled.
(Score: 2) by turgid on Monday September 12 2016, @07:02PM
I got a LaserJet IIP out of the local rubbish dump ("Recycling Centre") about 15 years ago, and cleaned it up. It worked perfectly for 6 years or so until it finally went south. I had to buy a new toner cartridge for it. The guy at the dump took £4 for his favourite charity (beer and snacks IIRC) in exchange for not looking while I put it in my car.
I refuse to engage in a battle of wits with an unarmed opponent [wikipedia.org].
(Score: 2) by Scruffy Beard 2 on Monday September 12 2016, @07:47PM
The cheap laser printers as trash now too.
They are essentially a network-attached frame-buffer. (300dpi(squared) X 8.5" X 11"=10.5MB per page (1bpp)).
Why that has to be all secret and proprietary, I don't know. The Eurion constelation [wikipedia.org] may have something to do with it.
(Score: 0) by Anonymous Coward on Tuesday September 13 2016, @01:28AM
Up until about 1996 HP laserjets were very decent. Then they went cheap and all in on the ink game. At that point carts lasted about 30-60 days and the printer maybe 1-2 years. Before that you could get a good 10 years out of them and the carts would last until the ink was gone. Usually 1-2 reams of paper. The HP550 was probably one of the best b&w printers I ever owned. It replaced my epson fx80. Which was an 'ok' printer but seriously easy to jam up. After 3 failed HP color deskjets I gave up on them.
Me and some coworkers recently shut down an office. There were about 15 printers. My boss made a point of grabbing one of the HP printers and going office space on the thing. "I have been waiting years to do that to that piece of trash".
(Score: 0) by Anonymous Coward on Tuesday September 13 2016, @02:29AM
That was the case in early 90s, when laser printers cost at least a grand and HP used to make those rectangular tanks. Anything from latter 90s and on, HP logo means crap-quality shit that make Chinese blush.
(Score: 2) by LoRdTAW on Monday September 12 2016, @07:37PM
Was you 90's HP a 550 or 560? I had the 550 and it gave me years of good service.
(Score: 2) by driverless on Tuesday September 13 2016, @07:16AM
Actually, I didn't know Samsung even had printers.
They make fairly decent SOHO-grade lasers. Personally I prefer my Kyocera, slap a $20 third-party toner cartridge and some eBayed third-party RAM and whatever into the $50 ex-office-printer I got at a disposal sale and it's perfectly happy, unlike HP's "this genuine cartridge has been used for nearly a year, now disabling it in order to force you to buy a new one" crap.