Canon Closes Major China Printer Plant Amid Rising Local Competition

Japanese technology company Canon has closed a key printer manufacturing plant in China. The move highlights the increasing strength of Chinese brands in their home market. A visit to the Canon Zhongshan Business Machines facility in Guangdong province found the site largely inactive. The parking lot was nearly empty, and only a small number of staff were visible outside. An employee stated that production stopped in late June. The shutdown signals a shift in China's printing industry, where domestic manufacturers are now major competitors. Canon is a global leader in imaging and printing products. The company has not yet issued an official statement on the plant closure or its future plans in China.