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anon says to expand Taiwan camera lens factory
2 hours ago
TOKYO (AFP) Japan's Canon Inc. said Friday it planned to expand a factory in Taiwan to produce lenses for high-end digital cameras as the market grows across the world.
Canon said it would invest two billion yen (18.8 million US dollars) to expand the site in Taichung and create 600 jobs, bringing the total work force at the facility to 3,000.
'The continued growth of the global digital single-lens reflex market has led to a rapidly increasing demand for interchangeable lenses,' the camera and office equipment maker said in a statement.
Construction is slated to begin this month with production to start in July 2009
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