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Canon to Build New Digital Camera Factory in Japan

Japan’s Canon plans to build a new digital camera manufacturing factory in Japan to keep up with demand from an expanding global market, it said Monday.

The new plant will be built in Nagasaki in western Japan and will be able to produce around 4 million cameras per year. Construction is scheduled to start in January next year and be complete by November with operations beginning in December 2009. It will manufacture both digital SLR (single lens reflex) and compact cameras.

source

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This is cool, this means more job in Japan and more high tech gadget in the next few years. It made me realize that maybe the economy is “not” really declining after all :) . What do you think?

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