Japan’s Canon eyes shutting China camera factory – Reuters

A gymnast performs in front of the Canon brand logo at the Canon stall during the CP+ camera and photo trade fair in Yokohama, Japan, February 25, 2016. REUTERS/Thomas Peter

TOKYO, Jan 14 (Reuters) – Japan’s Canon Inc (7751.T) said on Friday it was considering shutting a factory in Zhuhai, southern China, which mainly makes compact digital cameras amid a shrinking market for such devices.

A company spokesperson declined to give details of employee numbers and production levels at the plant.

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Reporting by Sam Nussey and Brenda Goh
Editing by Chang-Ran Kim

Our Standards: The Thomson Reuters Trust Principles.

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