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  1. #1
    Service Manager 1,000+ Posts
    Lexmark is a 100% Chinese Owned company

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    Lexmark is a 100% Chinese Owned company

    NineStar Corporation of China, formerly known as Apex Technologies, 100% owns Lexmark.

    In 2016, Apex Technologies purchased Lexmark for $3.6B USD cash at 15% above the asking price. Lemark USA, when it was a USA company, actually sued Apex 16 times for patent thefts.

    The Chinese gov't helped Apex, a relatively small and unknown Chinese manufacturer of inkjet toner and cartridges, purchase Lexmark.

    The gov't of China owns at least 5% of Apex.

    Under a Chinese gov't plan, known as China 2025, the Chinese gov't intends to globally dominate select technology industries to further its own self interests.

    On lexmark.com you cannot find any information regarding who the owners of the company are nor any financial statements. This is on purpose by the Chinese gov't.

    Lexmark is deeply entrenched in many aspects of Western gov't technology infrastructures including the USA, the Federal gov't and the Dept of Defense. To be fair, many highly respected and truly patriotic Americans manage (but do not own) Lexmark USA.

    The USA/China trade war has greatly increased tensions between the world's two largest economies.

    Lexmark.com gives no hint of who they really are and does not invite discussion on this topic.

    As sellers and service providers of Lexmark's product and services, should there by any concern over who really benefits from our efforts?

  2. #2
    Service Manager 1,000+ Posts
    Lexmark is a 100% Chinese Owned company

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    Re: Lexmark is a 100% Chinese Owned company

    With the US China trade war ramping up in intensity, it will be interesting to see what happens to Lexmark USA pricing as 100% of their product in manufactured in China.

    I suspect a lot of HP product is manufactured in China but likely from other non tariff countries as well.

    Of course, if you are not buying Lexmark product imported into the USA, tariffs will have no effect on you.

  3. #3
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    Re: Lexmark is a 100% Chinese Owned company

    Also the tech support number has been outsourced to a call center in Columbia (found this out from our Lexmark rep) - NONE of them are trained in anything and are but a$$ useless.

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