*NEWS*EPSON SPENDS 1BIL-YUAN IN CHINA

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Date: Tuesday November 22, 2005 11:17:00 am
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  • Anonymous
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    Epson invests more than 1 billion yuan in China this year
    As
    Epson put again an additional fund in its Suzhou company, its
    investment in China this year has exceeded 1 billion yuan, with the
    total figure topping 6 billion yuan.
    This is the 20th year that
    Epson invests in China, and the additional fund of 1 billion yuan this
    year demonstrates Epson’s confidence in China market, a person in
    charge of Epson’s China division said. For Epson, China is not only an
    important sales market, but the most important partner who deserves
    input.
    As one of global top 500, Epson has for seven successive
    years the No.1 in terms of printer sales on the Chinese market (IDC
    statistics) and among the top companies regarding sales of related
    products including projector. By now, Epson has established 17
    institutions of manufacture, logistics, sales and R&D institutions
    in China, with a total staff number exceeding 30,000.

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