Canon Closes Zhuhai Factory
Canon has made the difficult decision to terminate production in its Zhuhai factory after 32 years of operation.
Canon Zhuhai factory was established in 1990, focusing on producing camera lenses, digital cameras, color laser printers, fax, etc. The covid-19 crisis has made it extremely difficult for the factory to maintain operation.
In the announcement, Canon proposed to work out a preferential treatment plan with the employees through negotiation to terminate the labor contract. Canon further added that it would try to provide a compensation plan which will be above the standard regulated by China laws.
The final plan will be announced officially when the negotiation is completed.
From January to September 2021, Canon laid off about 4100 employees, most of whom were its overseas staff. Canon China staff number reduced from about 1500 to 1300 in 2020. Canon also closed 10 offices as well as 4 branches in China.
It is said that the rise of China-made printers and the implementation of Information Technology Application Innovation Industry policies also contributed to the setbacks of Canon’s business in China.
- Canon Stops Using Chips in Printer Cartridges
- Canon Sued for Scanning Failure
- Canon Wins Lawsuit in Russia
- Canon Releases Six New imageCLASS X Series Printers
- Canon Updates Resolution of Patent Infringement Disputes
Please leave your comments below for the story “Canon Closes Zhuhai Factory.”