Strengthening Core Business
National, 6 June 2024: Highlighting India’s crucial role in its global growth strategy, Canon today announced its plans for strengthening its core business segments of imaging, printing, and surveillance. Reaffirming the brand’s commitment to India, these announcements were made during Canon’s strategy meet in Mumbai, attended by key global leadership.
Industrial Equipment Advancements
In the industrial equipment business, Canon offers a wide range of Semiconductor Lithography Equipment and Flat Panel Display Lithography Equipment. Canon aims to introduce state-of-the-art lithography solutions and emphasize eco-friendly practices, backed by superior customer service in India. Beyond equipment provision, Canon is committed to talent development, recognizing the importance of nurturing local expertise.
Expanding Healthcare Portfolio
Canon’s comprehensive portfolio in the healthcare sector includes advanced medical products and solutions from diagnostic imaging systems to healthcare IT solutions. With India as a key market, Canon is focused on bolstering its rapidly growing medical business. The aim is to provide high-quality services and innovative technology to address the increasing prevalence of non-communicable diseases.
Leadership Insights
Mr. Howard Ozawa, Executive Vice President of Canon Inc., emphasized, “As Canon continues to etch its global legacy across diverse domains, we recognize that India stands at the heart of our strategic ambitions. India’s dynamic economy, vibrant culture, and tech-savvy population make it a critical market for Canon. Our existing segments, be it cameras, printers, or office solutions, have thrived here, driven by the trust and loyalty of Indian consumers. We are committed to empowering customers through high-quality and performance-based technology.”
Semiconductor and Flat Panel Display Industry
Mr. Kazunori Iwamoto, Advisory Director at Canon Inc., highlighted Canon’s advanced skillsets in the semiconductor business. “Canon provides a variety of manufacturing solutions for the cutting-edge electronics industry. Our Nanoimprint lithography equipment imprints a pattern on a mask onto a wafer to form a fine pattern, offering a simple configuration and reduced power consumption. We aim to contribute to India’s semiconductor industrial growth through cutting-edge technology and talent development.”
Enhancing Medical Business
Mr. Koh Yamada, President of Canon Medical Systems India, stated, “Canon Medical Systems has a comprehensive portfolio of advanced medical imaging systems. We continue to develop breakthrough technology to support diagnostic imaging and therapeutic needs, optimizing patient outcomes. In India, we aim to provide higher quality services to address the increasing prevalence of cardiovascular diseases, cancer, and diabetes.”
Future Outlook
Canon has established a strong footprint in the digital imaging industry, diversifying into new markets and broadening its product range. In the camera segment, Canon has retained its No.1 share in the Digital Interchangeable Lens Camera (DILC) global market for 21 consecutive years. Canon aims to expand its imaging business by including video management and analytics. Similarly, in the printing business, Canon aims to become the global leader in office and home printing by aligning with modern remote working lifestyles. The surveillance and broadcast range of solutions from Canon has received positive responses from customers, and Canon aims to strengthen their positioning as the one-stop surveillance solution provider.
