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Epson

Epson

Industry: 
Electronics, Technology
Symbol: 
TYO:6724
States: 
CA
Country: 
Japan
Contact Information: 
Sources: 

Seiko Epson Corporation (Epson) is an independent company part of corporate group, Seiko Group. Seiko Epson manufactures computers and peripherals, and other information and imaging equipment. According to their website, Epson is “a global technology company at the forefront of technological revolutions in imaging, robotics, precision machinery and electronics. Epson offers an extensive array of award-winning image capture and image output products for the consumer, photographic, business and graphic arts markets. The company is also a leading supplier of value-added point-of-sale (POS) printers and transaction terminals for the retail market” (Company Website).

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According to Business Monitor International, “Iran has long had more significant manufacturing capacity in computer peripherals, particularly printers and monitors… The first printers, from Olivetti and Epson, were assembled in Iran in 1994” (Business Monitor International, "Iran Q2 2010 (Market Overview Article)," 3/2/10).

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Maadiran Group features Epson products on its homepage. (Maadiran Group Website)

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Business Monitor International recognizes Maadiran Group as "one of Iran's largest consumer electronics and IT firms.”

“In 2007, Maadiran Group began mass production of five models of LG phones, adding to existing contracts for the assembly of LG monitors, Epson dot matrix printers and Olivetti bank slip printer. LG is an important brand for Maadiran. In 2008, the company was targeting the production of 850,000 LG-branded LCD and CRT monitors, and planned to increase its volume to 940,000 in 2009. Maadiran is also licensed to produce around 14,000 dot matrix printers for Epson annually.”

“Maadiran is an exclusive distributor for Sharp, LG, Olivetti, Epson and a number of other brands” (Business Monitor International, "Company Profile - Maadiran Group - Q2 2010.", 3/2/10).