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Lexmark was founded in 1991 to provide its customers with uncomplicated printing solutions. Since then it has become a leading developer and supplier of inkjet and laser printers, multifunction products, associated supplies and services for offices and homes throughout Asia Pacific and the world.
Recognised worldwide for its customer driven approach, Lexmark is meeting the demanding workflow management needs of today’s businesses, and the performance and convenience demands of home-printing
Unlike some of its competitors, Lexmark develops and owns its technology, allowing it to reduce research and development time between product introductions. This allows for the timely integration of customer input into product design and development.consumers.
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An industry trendsetter, Lexmark was the first company to market 4800 x 1200 dots per inch (dpi) and 3600 x 1200 dpi resolution printers, produce stand-alone photo printers, and offer a sub-US$100 inkjet printer. These innovations formed the foundation of Lexmark’s reputation for quality and leadership that led to substantial market share gains in recent years. Consequently Lexmark is now a Fortune 500 company with revenues of US$5.3 billion in 2004.
Lexmark’s commitment has been recognised around the globe through more than 2,000 awards for its products and business activities. In Asia Pacific, the company’s accolades have included: PC Home’s Editor’s Choice in Taiwan; PC Magazine’s Best Buy in Singapore; Smart House’s Users Choice Award in Australia; and, the Good Design award in Japan. Globally, awards have included: Business Week’s “InfoTech 100;” Fortune’s “Most Admired Companies;” Forbes Super 500; and, Fortune's "Editors' Choice".
Lexmark's long-term growth prospects are fuelled by several market and industry trends, including rapid expansion in emerging markets such as Asia Pacific, the explosion of colour printing in the office and digital photography in the home.
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