Canon plans to move production of low-cost cameras and printers back home to Japan from China and other Asian nations, AFP reported. The company plans to spend ï¿¥100bn during the next three years to fully automate its low-end production lines in Japan to increase efficiency. By 2005, Canon's facilities in China will be producing low-end products for sale locally.
Canon China said that the products being moved back to Japan included print paper and ink cartridges, according to Shanghai Daily. However, the company would increase its investment in the manufacture of other products. A company spokeswoman also noted that, although the cost of labour in China was much lower than in Japan, it had increased dramatically since Canon first started operating there and this was one of the factors affecting its decision.