Canon partially shuts down its solely China digital camera characteristic, could shut it down fully

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Canon has partially closed its Zhuhai digital camera manufacturing facility in southern China and is contemplating an entire shutdown amid a shrinking digital digital camera market, COVID-19 and ongoing chip shortages.

This was adopted by an inner letter from the corporate that started circulating on-line, formally asserting adjustments to the characteristic. China macro financial system, Canon’s public relations division consultant Shen Yu cited “unprecedented difficulties” that pressured it to make this determination, and that “regardless of the mixed efforts of the corporate and all workers, it has did not reverse the scenario.”

Canon’s solely Mainland China facility faces closure

The Zhuhai facility is Canon’s solely digital camera manufacturing facility in China and has been in operation for 32 years. In response to Reuters And YMC Cinema, if there was an entire shutdown, it might have an effect on 1,317 workers. There isn’t any phrase but on what number of have been affected by the partial closure.

“The headquarters need to accommodate the general working construction of the group,” Yu continues. “After cautious consideration, a troublesome determination must be made: to stop manufacturing of the corporate.”

International Occasions The manufacturing facility has been sluggish these days, citing the recognition of smartphones in recent times as a significant purpose. As a notice, International Occasions is a newspaper printed underneath the Communist Celebration of China and sometimes disseminates misinformation, so reporting right here needs to be taken into consideration. Nonetheless, this excuse has been frequent amongst digital camera producers globally for a while now. Shipments of digital cameras have declined from 120 million to lower than 10 million items over the previous 11 years, a decline of 93%.

International Occasions says that funding within the Zhuhai manufacturing facility had reached $220 million by the top of 2020, and that 12 months it produced 12.29 million lenses, 1.03 million digital cameras and 94,000 video cameras. The Zhuhai shutdown, both partially or wholly, signifies that Canon now not wants the inventory which may be produced there or that it intends to maneuver manufacturing elsewhere.

Canon is specializing in mirrorless, not DSLR

The manufacturing facility shut down shortly after Canon’s CEO publicly said that the EOS 1D X Mark III could be its final flagship DSLR.

A Japanese newspaper report said “Canon’s SLR flagship mannequin is named the ‘EOS-1’ collection, the primary of which appeared in 1989.” Yomiuri Shimbun wrote in late December, citing Canon Chairman and CEO Fujio Mitarai. “The newest mannequin ‘EOS-1D X Mark III’ launched in 2020 will probably be really the final mannequin.”

Whereas its 1DX Mark III is now a factor of the previous, the corporate does not intend to cease producing DSLRs.

“Demand for newbie and intermediate SLR cameras abroad is robust, so we plan to proceed improvement and manufacturing for a while,” Mitarai clarified on the time.

It’s not clear whether or not the corporate plans to supply any new fashions and to what capability it intends to take care of its present manufacturing of older fashions. Regardless of the case, it in all probability will not be produced in China as Canon prepares to cease operations there, or no less than gradual them down considerably.


picture credit score: Header Photograph licensed via DepositPhotos.

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