CANON TO MAKE PRINTERS IN CHINA ?

[Anonymous]

http://www.chinaknowledge.com/Newswires/News_Detail.aspx?type=1&cat=CMP&NewsID=%2032054
CANON TO MAKE PRINTERS IN CHINA ?
Canon mulls making printers in mainland
China
Mar.2010 – Canon Inc, the biggest
camera maker in the world, may set up printer manufacturing plants on
the Chinese mainland, the Shanghai Daily reported yesterday, citing
Managing Director Katsuichi Shimizu as saying.Sales of inkjet printers,
the company’s second core product after digital cameras, are expected to
rise by 10% this year in China.

Canon currently produces
printers in Thailand and Vietnam.
The company has predicted that
China will surpass the U.S. to become the largest camera market as early
as 2015. Camera sales in China will grow 10% this year and camera sales
worldwide will grow 6.9% to 25.7 million units, the company said.Canon
hopes to see its annual revenue in the country grow to US$10 billion by
the end of 2017.

[Author]

March 15, 2010 at 11:55 AM