Fujifilm Holdings Corp has said it will shift production of its digital camera to China to cut costs as it restructures its struggling camera operations.
In the meantime, the company will stop mass production of digital cameras in Japan and dissolve Fujifilm Photonix Co, a wholly-owned subsidiary. It will also outsource production of charge coupled devices — image-capturing chips used to make the image sensors in its cameras — to Toshiba Corp.
Japan-based Fujifilm, the world's seventh-largest digital camera maker last year, forecast its digital camera sales to reach eight million units for the business year ending March 2008. It sold 6.6 million digital cameras in the past business year.
(Shanghai Daily September 21, 2007)
