Konica Minolta gives notice to manufacturing subsidiary in China
August 20, 2024
Konica Minolta, Inc. (the Company) announces that its Representative Executive Officer has decided to end production at its manufacturing subsidiary in China, Konica Minolta Business Technologies (WUXI) Co., Ltd. (Konica Minolta WUXI).
Under the Medium-term Business Plan, the Company has been driving its manufacturing strategy in the Business Technologies Business, including the Digital Workplace and Professional Print units, to strengthen profitability and build a supply system that can respond quickly to environmental changes.
After examining the production system in the Asian region from the viewpoint of stable supply and production efficiency, Konica Minolta decided to end production at Konica Minolta WUXI.
In China, the Company began manufacturing in Dongguan in 1994, and established Konica Minolta WUXI in 2004 in line with further market growth. Following the technology transfer from Japan, the two bases in China have played a central role in the global production of business technologies products.
In order to avoid the risk of production concentration in a single country, the Company established a manufacturing subsidiary in Malaysia in 2014 and expanded production, transferred partial production of Professional Print machines to Japan in 2022. Along with these and other initiatives, the Company have worked on building a global supply network with multiple sources and routes.
As a result of the decision, the Company plans to end manufacturing activities at Konica Minolta WUXI during the first half of 2025.
The Company will transfer production of Konica Minolta WUXI to its other own production bases (Malaysia, Japan, and Dongguan in China).
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