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Canon wants to bring production back to Japan

February 13, 2015 by SPEdit Team

J(02_2015_Canon-wants-_Canon-wants)1Canon Inc. is looking to  increase the production from its home country, Japan, from 40% of their overall output to about 60%. “From now on, new copier, camera and printer products will be built at domestic factories and as  they replace older products, the volume of goods made overseas will fall,” a company  spokesperson told Reuters.

The weak Yen seems to have spurred this move; and Canon isn’t the only electronics company to take this action. Panasonic and Sharp are also considering an increase in domestic production, though they have not confirmed  plans yet.

Filed Under: News

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