Home
News
In Focus
Business
Metro
Nation
World
Sports
Feature
Opinion
View more »Opinion Columns
Wan LixinOpinion deputy editor of Shanghai Daily
Restaurants get off to a quick start thanks to game-changing policies
High service charges on event ticket refunds call for further regulation
Sunday
- Subscribe
Related News
Canon pictures revenue growth
By Zhu Shenshen |
February 19, 2009, Thursday
|
Print Edition
Print Edition
CANON Inc's revenue in China will grow 20 percent year on year in 2009, despite the global financial crisis, and the Japanese-based firm aims to focus on consumer electronics such as digital cameras, Canon said yesterday in Beijing.
"It may have been the most difficult year in the past 100 years, but China is still an energetic market with huge opportunities. We believe Canon China's business will contribute a lot to our global business," said Hideki Ozawa, Canon China's president and chief executive.
Canon will launch more products, establish more after-sales service outlets in China and develop new income sources, Ozawa said.
During the conference in Beijing, Canon launched 17 new models, including water-proof cameras, family-use video recorders and high-definition projectors.
Canon China's revenue, which surpassed US$1 bilion in 2007,? is expected to hit US$10 billion in 2017, the world's No. 1 camera maker said last year.
In the past 10 years, Canon China's average annual growth was more than 30 percent.
The slumping economy has deterred demand for all electronic gadgets worldwide, from digital cameras, mobile phones to laptops.
Companies focus on the domestic market when overseas demand decreases, industry insiders said.
In 2008, digital camera exports were valued at US$7.33 billion, a 5.6-percent drop compared with the previous year, according to the Ministry of Industry and Information Technology.
In the domestic market, Canon competes with rivals such as Sony and Nikon.
In the first half of 2008, 4.94 million digital cameras were sold in China, for 31 percent growth year on year.
"It may have been the most difficult year in the past 100 years, but China is still an energetic market with huge opportunities. We believe Canon China's business will contribute a lot to our global business," said Hideki Ozawa, Canon China's president and chief executive.
Canon will launch more products, establish more after-sales service outlets in China and develop new income sources, Ozawa said.
During the conference in Beijing, Canon launched 17 new models, including water-proof cameras, family-use video recorders and high-definition projectors.
Canon China's revenue, which surpassed US$1 bilion in 2007,? is expected to hit US$10 billion in 2017, the world's No. 1 camera maker said last year.
In the past 10 years, Canon China's average annual growth was more than 30 percent.
The slumping economy has deterred demand for all electronic gadgets worldwide, from digital cameras, mobile phones to laptops.
Companies focus on the domestic market when overseas demand decreases, industry insiders said.
In 2008, digital camera exports were valued at US$7.33 billion, a 5.6-percent drop compared with the previous year, according to the Ministry of Industry and Information Technology.
In the domestic market, Canon competes with rivals such as Sony and Nikon.
In the first half of 2008, 4.94 million digital cameras were sold in China, for 31 percent growth year on year.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
