FUJI XEROX SAYS …………..

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FUJI XEROX SAYS …………..

 user 2006-05-31 at 10:29:00 am Views: 63
  • #15606

    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.