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Canon is shutting down its Zhuhai factory in south China, citing low compact camera demand and chip shortages

After reports Canon was going to partially shutter its Zhuhai factory, DPReview has confirmed with Canon Inc. that it will shut down its Zhuhai factory in south China, which is responsible for the production of compact cameras and some video equipment. ....

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Canon to close Chinese subsidiary following sharp drop in camera market

Japanese camera maker Canon has decided to shut down its subsidiary in Zhuhai, South China’s Guangdong Province, just ahead of the Chinese unit’s 32nd anniversary on Saturday, according to media reports. The firm blamed a shrinking camera market globally and pressure from the COVID-19 pandemic. ....

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