Changing market conditions and technological progress will inevitably cause the death of some products, which enjoyed strong demand a few years ago. When appeared first floppy disks seemed to be ideal, but now they passed position to USB-drives to solid state memory. Now optical drives are not so popular, some companies refuse to support the release of their drives.
Falling demand for inkjet printers for home use forced Lexmark company to end this business. As part of business restructuring manufacturer refuses to release inkjet printers and supplies for them. Although the main production will be phased out by the end of 2013, the factory in the Philippines will continue to produce supplies for Lexmark inkjet printers by the end of 2015.
The abolition of inkjet printers production force Lexmark to cut 1,700 employees, of which 1,100 were employed directly in the production. In the next year these activities will bring savings of $ 85 million, and by 2015, the annual savings in terms of $ 95 million .Lexmark will also try to find buyers for their developments in inkjet technology.