Konica Minolta increases stake in MGI to strengthen

Konica Minolta, Inc. has announced an additional investment in MGI Digital Technology to further strengthen its industrial printing and digital decoration business.

A statement from Konica Minolta said that, over the past four years, Konica Minolta's industrial printing business has approximately doubled in size. During the Covid-19 pandemic, demand has temporarily stagnated in some areas of the industrial printing sector. Over the medium to long term, however, the company believes that demand for industrial printing will shift more to on-demand than ever before, and that the shift from analog to digital printing will increasingly accelerate in order to respond to this change in demand.

Since digital marketing has shifted into mass customization by changing contents aligned to target audience and customers and that this trend will spread to professional and industrial printing sectors.As demand increases for digital printing technologies toward personalized printing, the digitization of post-processing will become increasingly important.

The press release from the company said “it is essential to expand the lineup of digital embellishment machines that make printed materials more appealing, and it is crucial for Konica Minolta to deepen the alliance with MGI, the first company in the world to commercialize digital embellishment printing machines, steadily forming the market for digital decoration printing since then”

. Konica Minolta is currently marketing the AccurioJet KM-1e, a 29-inch sheet-fed UV inkjet printing machine that can also print on cartons for packaging, in the packaging printing market. The packaging printing market is expected to grow by 15% annually from 2018 to 2028, as per forecast by Konica Minolta, and positioned as a key field for business expansion. At drupa in Germany in 2016, MGI made a technological showcase of its ALPHAJET, a system that enables integrated printing, decoration, and post-processing that can also be printed on corrugated products.

Konica Minolta will strive to provide increase the value of MGI and establish a strong position in the market by effectively launching ALPHAJET, taking advantage of the customer contact it has accumulated through its global sales network and capabilities.

The statement adds that, in the future, Konica Minolta aims to provide the ultimate digital system that can automatically complete all of the pre-process, printing, and post-process to the final product.

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