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Camera demand fuels ВЈ80m Canon expansion

Posted in July 15th, 2008
Published in Digital, Photo

Canon today confirmed plans to build a new camera factory in Japan to cope with rising demand for digital SLRs and compact cameras.

The firm plans to invest the equivalent of around £80m in the plant by the end of 2010. The factory will be located at Higashi Sonogi-gun in Nagasaki.

A Canon Japan spokesman said the expansion was necessary owing to a ‘pressing need’ to expand production capacity for digital SLR and compact cameras.

Building work will start next January and production is due to start in December 2009.

Source: www.amateurphotographer.co.uk

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