Canon boosts production in China: Canon shows off to investors it can become GE, or even better.(TechTalk)

From: Japan Inc. | Date: May 1, 2004 | Copyright information

Canon Inc., which in 2003 marked the fourth straight year of extending a record profit, wants to prove to investors that it can become another General Electric.

Just as Jack Welch, former CEO of GE, focused on businesses in which GE could be the world's best, Canon's CEO, Fujio Mitarai, scrapped the company's PC and typewriter businesses in the 90s.

In March, Canon held a press conference to show investors that it is the world's best in copiers, laser printers, digital cameras, digital video cameras and equipment for making liquid crystal displays. That the above ...

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