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Epson establishes new Sales Subsidiary in Vietnam

Press Release   •   Apr 12, 2018 06:39 GMT

Epson executives come together for a toast in celebration of the offical launch of Epson Vietnam Co., Ltd. (EVNL)

Seiko Epson Corporation (TSE: 6724, “Epson) and Epson Singapore Pte. Ltd. recently announced the opening of its new sales subsidiary and office in Vietnam.

The new subsidiary, Epson Vietnam Co., Ltd. (EVNL), began its operations last April 1 and was officially launched at Hotel Nikko Saigon in Ho Chi Minh City, Vietnam.

Hideto Nakamura, general director of Epson Vietnam, said that prior to its establishment, Epson had previously sold products through its sales subsidiary in Thailand. In 2010, it established a Vietnam representative office focused on market research.

“The establishment of the office in Vietnam will strengthen Epson’s business and brand presence in the region. There is much potential for growth in the country, especially with a GDP forecast of at least 6.5 percent in 2018,” said Nakamura. “We look forward to rolling out new Epson products in our four key areas of innovation, such as the inkjet, visual communications, wearables, and robotics.”

In 2017, Epson recorded a high demand for its products in Vietnam. According to the latest IDC Quarterly Hardcopy Peripherals Tracker report, Epson’s market shares for high-capacity ink tank printers for the Q4 last year stood at 53 percent.

“Vietnam’s printer market is currently dominated by laser printers. However, there is extensive scope for growing sales by emphasizing the advantages of our high-capacity ink tank printers. Epson Vietnam will play an important role in developing this promising market,” Nakamura added.

As a market leader, Epson will continue offering unique value and solutions to its customers in the said region through the new Epson Vietnam office. It is located at Nguyen Trai Street, District 1, Ho Chi Minh City in Vietnam.

About Epson

Epson is a global technology leader dedicated to connecting people, things and information with its original efficient, compact and precision technologies. With a lineup that ranges from inkjet printers and digital printing systems to 3LCD projectors, smart glasses, sensing systems and industrial robots, the company is focused on driving innovations and exceeding customer expectations in inkjet, visual communications, wearables and robotics.


Led by the Japan-based Seiko Epson Corporation, the Epson Group comprises more than 80,000 employees in 86 companies around the world, and is proud of its contributions to the communities in which it operates and its ongoing efforts to reduce environmental impacts.

http://global.epson.com/

About Epson Singapore

Since 1982, Epson has developed a strong presence across major markets in Southeast Asia and South Asia. Led by the regional headquarters Epson Singapore, Epson’s business in Southeast Asia spans an extensive network of 11 countries with a comprehensive infrastructure of close to 500 service outlets, 7 Epson solution centres and 7 manufacturing facilities.

http://www.epson.com.sg

About Epson Philippines

Epson’s corporate presence in the Philippines commenced in 1998. It grew rapidly into a billion-peso company in a span of a few years from its establishment due to its client-oriented approach in its business management style by its dedicated and innovative staff members and officers.Epson Philippines has an extensive network of 77 Authorized Service Centers nationwide with more than 200 dealers and more than 800 shops across the Country. For more details, please visit our website (www.epson.com.ph) or our Facebook page (http://www.facebook.com/EpsonPhilippines).

For product inquiries and technical support, please contact Epson Customer Care at: Metro Manila: (02) 441-9030; Toll Free: 1-800-1069-37766 (PLDT), 1-800-3-0037766 (DIGITEL) or visit the Epson Customer Care website: http://customercare.epson.com.ph

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