Canon seeks full automation in camera production

May 14, 2012
FILE - In this Jan. 10, 2012 file photo, a model poses with Canon's new digital camera Power Shot G1 X during its unveiling ceremony in Seoul, South Korea. Japan's Canon Inc. is moving toward fully automating digital camera production in an effort to cut costs. Jun Misumi, company spokesman, said Monday, May 21, the move to totally rely on robots and have no human workers will likely be completed in the next few years. He declined to give a date. (AP Photo/Lee Jin-man, File)

(AP) -- Canon Inc. is moving toward fully automating digital camera production in an effort to cut costs.

Jun Misumi, company spokesman, said Monday the move to totally rely on robots and have no human workers will likely be completed in the next few years. He declined to give a date.

are moving production abroad recently to offset the earnings damage from the soaring yen.

But Canon believes full automation will help keep manufacturing in Japan. It denies the move might cause job cuts.

Explore further: Jury says Silicon Valley firm did not discriminate (Update)

not rated yet
add to favorites email to friend print save as pdf

Related Stories

Canon profit drops, cuts forecasts due to tsunami

Apr 26, 2011

(AP) -- Canon said its first quarter profit dropped slightly on costs from an acquisition and Tuesday warned that full year earnings would take a hit from disrupted production due to Japan's earthquake and tsunami.

Canon offers new camera for Hollywood filmmakers

Nov 04, 2011

(AP) -- Four decades after winning Academy Awards for its cinema lenses, Canon Inc. was back in Hollywood on Thursday, unveiling a new high-end digital video camera before an audience of some of the world's ...

Canon to spend $12bn on acquisitions by 2015

Jan 11, 2011

Canon plans to spend up to one trillion yen ($12 billion) by 2015 on mergers and acquisitions to expand in the areas of medical equipment and robotics, according to an interview published Tuesday.

S&P downgrades Panasonic one notch to 'A'

Nov 02, 2011

Ratings agency Standard & Poor's on Wednesday said it had downgraded Japan's Panasonic one notch to "A" with a negative outlook, citing pressure on its digital products such as flat panel TVs.

Recommended for you

Intel in talks with Altera on tie-up

Mar 27, 2015

US tech giant Intel is in talks with rival Altera on a tie-up to broaden the chipmaker's product line amid growth in Internet-connected devices, the Wall Street Journal reported Friday.

Apple chief Cook to give his wealth away: Fortune

Mar 27, 2015

Apple chief Tim Cook is joining Mark Zuckerberg, Bill Gates and other technology titans who have vowed to donate their wealth to charities, according to a report in Fortune magazine.

BlackBerry tops 4Q profit forecasts

Mar 27, 2015

BlackBerry posted a surprise profit in the fourth quarter, but saw a sharp drop-off in revenue as the once-iconic smartphone company said it reached the halfway mark of its turnaround effort.

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.