Fuji Xerox sees strong expansion
By Rich Zhu |
January 22, 2010, Friday
|
Print Edition
Print Edition
AFTER a slow expansion in business in 2009, Fuji Xerox said it anticipates a "double-digit" growth in its Chinese revenue this year, the firm said yesterday.
Japan-based Fuji Xerox's business turned stagnant in November 2008 because of the financial crisis before hitting bottom in June last year, Masataka Jo, president and chief executive of Xerox China, said in an interview yesterday.
''But we have seen strong recovery (in business) in the past three months, in line with the growing Chinese economy," said Jo who forecast "double-digit" rise in business in the country this year.
Fuji Xerox, which sells printers, copiers and multi-function machines, predicts color machines in the office automation market and the commercial printing market to drive growth in 2010.
The color machine segment will be a fast-growing sector this year, the firm said.
The firm plans to sell entry-level products designed for small firms in China, according to the company official.
Japan-based Fuji Xerox's business turned stagnant in November 2008 because of the financial crisis before hitting bottom in June last year, Masataka Jo, president and chief executive of Xerox China, said in an interview yesterday.
''But we have seen strong recovery (in business) in the past three months, in line with the growing Chinese economy," said Jo who forecast "double-digit" rise in business in the country this year.
Fuji Xerox, which sells printers, copiers and multi-function machines, predicts color machines in the office automation market and the commercial printing market to drive growth in 2010.
The color machine segment will be a fast-growing sector this year, the firm said.
The firm plans to sell entry-level products designed for small firms in China, according to the company official.
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