Article: CANON TO MAKE DIGITAL CAMERAS IN CHINA

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Canon to Make Digital Cameras in China

CHINA, Jun 03, 2002 (AsiaPort via COMTEX) -- Camera and office equipment maker Canon Inc said on May 28 it will start making digital cameras in China late this year or early next year, joining a rush by Japan' s camera makers to tap China's low production costs.

No production targets have yet been set, although the company aims to boost its overseas digital camera output to 40 percent of the global total, in unit terms, from the current 30 percent, a spokesman said.

Despite its slow start in the booming digital camera market, Canon has rapidly boosted its market share over the past year with aggressive new product launches, and ...

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