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Canon shuts down manufacturing unit in China citing ‘unprecedented difficulties’

Canon has introduced the upcoming shutdown of its foremost manufacturing unit, the Zhuhai Manufacturing facility based mostly in Southern China. The manufacturing unit was in operation for 32 years and was answerable for the manufacture of digital cameras, sensors, and lenses, the one such manufacturing base within the nation.

Rumours circulated final week in regards to the imminent closure and have been confirmed by a press release from Canon China PR rep Shen Yue saying “the operation of the corporate is going through unprecedented difficulties. Regardless of the joint efforts of the corporate and all staff, it has did not reverse the scenario.”

It’s not identified but if the choice to shut the manufacturing unit will have an effect on all 1,317 staff, or whether or not a few of the manufacturing strains might be relocated elsewhere.

Shen apparently emphasised the explanation behind the choice as to the growing reputation of smartphones competing straight with the digicam model. Added to that the continued impact of the pandemic and chip scarcity and a few firms are discovering themselves within the eye of the right storm.

However closing the manufacturing unit isn’t any small deal, and additional provides gas to the fireplace in speculating whether or not Canon is really accomplished with EF lenses and DSLRs. In 2020, the Zhuhai manufacturing unit produced 12.29 million lenses, moreover producing 1.03 million digital cameras and 94,000 digital video cameras. Certainly, closing the manufacturing unit will largely have an effect on the compact digicam market and reasonably priced EF lenses such because the 50mm f/1.8, or ‘nifty-fifty’ because it’s fondly referred to.

It definitely does make for attention-grabbing studying after the Canon CEO’s latest announcement about ending flagship DSLRs and a spotlight (pun supposed) on mirrorless methods sooner or later.

[Via YM Cinema]

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