Canon to Close Philippine Laser Printer Plant Amid Falling Demand.

Japanese electronics giant Canon has announced it will shut down its last laser printer manufacturing facility in the Philippines, citing declining global demand for the devices. Once a key hub for the company’s printer production, the plant’s closure reflects a broader trend as offices increasingly move to digital workflows and consumers favor more affordable printing solutions. The move is expected to impact local employment while signaling Canon’s strategic shift toward other business areas, including cameras, medical equipment, and imaging technologies. Analysts see this as part of a wider restructuring in the printing industry, where traditional laser printers are losing ground to alternative technologies.