CANON:ANOTHER INKJET PLANT IN VIETNAM

  • 4toner4
  • ncc-banner-902-x-177-june-2017
  • ces_web_banner_toner_news_902x1776
  • cartridgewebsite-com-big-banner-02-09-07-2016
  • 05 02 2016 429716a-cig-clearchoice-banner-902x177
  • 2toner1-2
  • banner-01-26-17b
  • clover-depot-intl-us-ca-email-signature-05-10-2017-902x1772
  • Print
  • mse-big-banner-new-03-17-2016-416716a-tonernews-web-banner-mse-212
Share

CANON:ANOTHER INKJET PLANT IN VIETNAM

 user 2006-02-13 at 9:24:00 am Views: 53
  • #14094

    Canon to build ink-jet printer plant in Vietnam
    TOKYO, Feb 06 – Japanese office equipment giant Canon Inc. said on Saturday it would spend about 13 billion yen ($109.4 million) to build another ink-jet factory in Vietnam, aiming to boost output by about 50 percent by 2010.
    Canon, the world’s third-largest ink-jet printer company after U.S.-based Hewlett-Packard Co. and Japanese rival Seiko Epson Corp. , said it would start construction on the plant in May and aim to start operations in February next year.
    Canon already has one ink-jet factory in Vietnam and has said it was leaning towards building another plant there to take advantage of relatively low labour costs and easy access to raw materials. It makes more expensive ink-jet printers in Thailand.
    Canon said the factory would focus on producing low-priced ink-jet printers for export to other Asian countries, North America and Europe. It will expand the facility in 2008 and expects to employ 7,000 workers by 2010.
    A Canon spokesman said the factory would handle the entire manufacturing process through assembly and eventually have the capacity to make 1.4 million units per month, although actual output will vary by month according to demand.
    The plant will allow Canon to raise its overall annual output to some 30 million units by 2010, up from a planned 20 million units this year, the spokesman said.
    The aggressive expansion reflects a solid demand outlook for the global ink-jet printer market, which is growing steadily as the spread of digital cameras has more consumers wanting to print photos at home.
    The move also suggests Canon is hoping to unseat Seiko Epson to take the number-two spot. According to the Nihon Keizai Shimbun, Canon’s global market share is 18 percent. That compares with Seiko Epson at around 20 percent and HP at about 40 percent.
    Canon also makes laser printers in Vietnam.