Epson shares directions for the rest of the fiscal year as it ventures into the B2B market
When the pandemic started, the Philippines experienced the biggest dip in its economy since World War II. This is due to nationwide lockdowns aimed to stop the surge and spread of COVID-19 infections. In the second quarter of 2021, the country’s GDP showed a double-digit growth of 11.8% from the -3.9% of the first quarter in the same year.
Epson has been powering through the pandemic and has remained as the market leader in 2021. Despite major setbacks experienced by many businesses in the country, Epson is right on track with its FY21 target, boasting 124% sales in the first half of the year. Epson scanners have maintained market dominance in H1 and have secured the #1 market share in document scanners.