EPSON to triple inkjet printhead production at its new factory

EPSON will invest 3.5 billion yen ($A37 million) to build a new factory that will triple its production capacity of PrecisionCore printheads for inkjet printers to meet the predicted growth in demand. Construction work on the new factory on the Akita Epson lot will begin in November 2022 and is scheduled to complete in December 2023. Global demand for inkjet printers in the office and home inkjet printer markets is forecast to continue growing over the medium and long terms.

The new factory will be used to manufacture and assemble inkjet printheads, the core devices used in inkjet printers. The investment plan will ensure that Epson has enough production space to meet the predicted future growth in demand. It will also enable EPSON to strengthen its product line-up and expand printhead sales to third parties, with a view to increasing the supply of inkjet printers equipped with cutting-edge PrecisionCore MicroTFP printheads. The company’s plan is to construct the new factory adjacent to the existing factory. By consolidating PrecisionCore MicroTFP printhead production at Akita Epson, the company aims to maximize efficiency.