Toyo Ink SC Holdings, the parent company of the Tokyo-based specialty materials manufacturer Toyo Ink Group, recently opened the new Technical Center in Shenzhen, China. The new tech center is established under Shenzhen Toyo Ink, the group’s trading and marketing subsidiary of electronics-related products in China. Taking advantage of its location in Shenzhen, an area widely regarded as the Silicon Valley of China, the new site is expected to accelerate electronic device development through technological collaborations with tech firms in the region. Major focus markets include smartphones, wearable devices, electric vehicles, 5G base stations, and other growth fields where highly reliable, high-performance components are a must.
“As a leading materials supplier to some of the biggest names in the electronics industry, we are committed to staying at the forefront of advanced materials innovation,” said Kengo Kochiya, general manager of Shenzhen Toyo Ink. “The opening of the new Shenzhen facility is in line with the group’s global strategy of expanding businesses in the designated priority digital domain, which includes electronics and IoT fields. Through the Shenzhen Toyo Ink Technical Center, we intend to increase technical exchanges with high-tech firms in the region, to develop new semiconductors and their peripheral materials alongside the Group’s R&D centers in the United States and Japan.”
2023 promises an interesting ride for print in India
Indian Printer and Publisher founded in 1979 is the oldest B2B trade publication in the multi-platform and
multi-channel IPPGroup. While the print and packaging industries have been resilient in the past 33 months since the pandemic lockdown of 25 March 2020, the commercial printing and newspaper industries have yet to recover their pre-Covid trajectory.
The fragmented commercial printing industry faces substantial challenges as does the newspaper industry.
While digital short-run printing and the signage industry seem to be recovering a bit faster, ultimately
their growth will also be moderated by the progress of the overall economy. On the other hand book
printing exports are doing well but they too face several supply-chain and logistics challenges.
The price of publication papers including newsprint has been high in the past year while availability is diminished by several mills shutting down their publication paper and newsprint machines in the past four years. Indian paper mills are also exporting many types of paper and have raised prices for Indian printers. To some extent, this has helped in the recovery of the digital printing industry with its on-demand short-run and low-wastage paradigm.
Ultimately digital print and other digital channels will help print grow in a country where we are still far behind in our paper and print consumption and where digital is a leapfrog technology that will only increase the demand for print in the foreseeable future. For instance, there is no alternative to a rise in textbook consumption but this segment will only reach normality in the next financial year beginning on 1 April 2023.
Thus while the new normal is a moving target and many commercial printers look to diversification, we believe that our target audiences may shift and change. Like them, we will also have to adapt with agility to keep up with their business and technical information needs.
Our 2023 media kit is ready, and it is the right time to take stock and reconnect with your potential markets and customers. Print is the glue for the growth of liberal education, new industry, and an emerging economy. We seek your participation in what promises to be an interesting ride.