*NEWS*FUJI XEROX SAYS …………..

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*NEWS*FUJI XEROX SAYS …………..

 user 2006-05-31 at 10:28:00 am Views: 55
  • #15605

    Fuji Xerox says China to lead growth in copiers and printers
    FUJI Xerox Co Ltd predicted double-digit growth in its color printers and copiers in China in the coming years as the machines become a major trend in the world’s fastest growing economy.The Japan-based company yesterday said color products will be the focus of its expansion this year in China, its second-largest market after Japan.”Color machines are gradually taking over and the momentum started last year,” said Chen Xiaoken, chief operating officer at Fuji Xerox (China) Ltd.”Color printing products will also cover a major part of our R&D investment this year.”Chen declined to give financial details about the R&D investment.Fuji Xerox this month reported a 20 percent growth in its revenue for fiscal year 2005. Sales for color office products surged 50 percent, compared to the 30 percent increase in total sales of office machines.printer maker expects sales to rise another 30 percent this year as it expands marketing and promotions. s”We are strengthening direct selling forces,” said Chen.The firm yesterday started a direct promotional tour that will cover 10 major cities including Shanghai, Beijing, Shenzhen and Chengdu. It hopes to sell more of its products via direct talks and demonstrations to attract more corporate customers.Fuji Xerox earlier estimated China’s digital printing market will expand to US$156 million by 2008. Canon Inc opened its global parts center outsdie Japan last July in Suzhou, Jiangsu Province.