Canon plans 40 per cent hike in inkjet printer production

Canon will build a new factory in Thailand and expand another plant there as well

Canon is responding to strong global demand for inkjet printer products with plans to hike production by around 40 per cent in 2011, the company said Tuesday.

The Japanese precision electronics maker currently manufactures inkjet printer products at factories in Thailand and Vietnam. The Thai operations are the smaller of the two, with output pegged at 6 million units per year versus 13.5 million per year in Vietnam.

Canon will expand production in Thailand to match that of its Vietnam operations, said Richard Berger, a spokesman for Canon in Tokyo.

The company's existing factory will see output increase to 8 million units per year and that will be supplemented with a new factory capable of producing 5.5 million units per year. The factory represents an investment of $US170 million to Canon and will employ around 5,000 people.

Demand for inkjet printers grew 14 percent year-on-year in the April to June quarter, according to figures from IDC. The growth was the strongest the market has seen since late 2003 and helped inkjet technology claim two thirds of the printer market.

Canon was the world's second largest printer maker during the same period. It shipped 5.6 million units to give it a 19.3 per cent share of the $13.3 billion world market during the three-month period. Market leader Hewlett-Packard had a share double that of Canon, while third-ranked Seiko Epson had a 14 per cent share.

Expansion of printer manufacturing operations in Thailand is both in response to growing demand and anticipated further demand in the future, Canon said.

"Increasing demand expected in the future has created a pressing need for Canon to expand its production capacity for inkjet printer products," the company said in a statement.

Construction of the new plant will begin in January 2011 and it's expected to begin producing printers in October the same year.

Join the PC World newsletter!

Error: Please check your email address.

Tags peripheralsbusiness issuesPrintersCanonMultifunction devicesinvestments

Our Back to Business guide highlights the best products for you to boost your productivity at home, on the road, at the office, or in the classroom.

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Martyn Williams

IDG News Service
Show Comments

Essentials

Lexar® JumpDrive® S57 USB 3.0 flash drive

Learn more >

Microsoft L5V-00027 Sculpt Ergonomic Keyboard Desktop

Learn more >

Mobile

Lexar® JumpDrive® S45 USB 3.0 flash drive 

Learn more >

Exec

HD Pan/Tilt Wi-Fi Camera with Night Vision NC450

Learn more >

Lexar® JumpDrive® C20c USB Type-C flash drive 

Learn more >

Lexar® Professional 1800x microSDHC™/microSDXC™ UHS-II cards 

Learn more >

Audio-Technica ATH-ANC70 Noise Cancelling Headphones

Learn more >

Budget

Back To Business Guide

Click for more ›

Most Popular Reviews

Latest News Articles

Resources

PCW Evaluation Team

Michael Hargreaves

Windows 10 for Business / Dell XPS 13

I’d happily recommend this touchscreen laptop and Windows 10 as a great way to get serious work done at a desk or on the road.

Aysha Strobbe

Windows 10 / HP Spectre x360

Ultimately, I think the Windows 10 environment is excellent for me as it caters for so many different uses. The inclusion of the Xbox app is also great for when you need some downtime too!

Mark Escubio

Windows 10 / Lenovo Yoga 910

For me, the Xbox Play Anywhere is a great new feature as it allows you to play your current Xbox games with higher resolutions and better graphics without forking out extra cash for another copy. Although available titles are still scarce, but I’m sure it will grow in time.

Kathy Cassidy

STYLISTIC Q702

First impression on unpacking the Q702 test unit was the solid feel and clean, minimalist styling.

Anthony Grifoni

STYLISTIC Q572

For work use, Microsoft Word and Excel programs pre-installed on the device are adequate for preparing short documents.

Featured Content

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?