Popular Hong Kong online media outlet HK01 recently reported that Canon (Zhongshan) Office Equipment Co. has issued an online announcement declaring the cessation of its operations. According to the notice, due to “significant changes in the operating environment,” the company has decided to halt all production and business activities and officially shut down.
Canon (Zhongshan), established in 2001, is a wholly foreign-owned enterprise set up by Japan’s Canon Corporation in Zhongshan, Guangdong Province. The company specialized in manufacturing color and monochrome laser printers, with most of its products exported to overseas markets. It was once one of the world’s major production hubs for monochrome laser printers, at one point supplying half of the global market. As of April 2022, its cumulative production volume had reached 110 million units.
In the announcement, the company explained that the global laser printer market has been contracting in recent years, placing increasing pressure on its operations. Despite adopting multiple countermeasures, it was unable to reverse the situation. After careful consideration by headquarters, the final decision was made to close the company. Canon Zhongshan stated that it will formulate a compensation plan exceeding legal requirements to help mitigate the impact on employees.
Source: HK01, November 26, 2025
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