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Corona virus COVID-19 affecting Canon's production: 5 factories to shut down for two weeks

Posted: Tue Mar 17, 2020 5:38 am
by calvin
"The reports don’t go into great detail, but according to Nikkei (https://r.nikkei.com/article/DGXMZO5619 ... 20C2TJC000) the shutdown will affect five facilities based in the Oita, Miyazaki and Nagasaki prefectures, which are scheduled to go dark from March 2nd through March 13th “due to the influence of the new coronavirus” on the supply of parts from China, though the report is also quick to note that “there are no infected employees at this time.”

The affected facilities are responsible for the production of SLR cameras, interchangeable lenses, and security cameras, so we do expect this shutdown—and any that follow—to have a real-world impact the delivery of Canon camera equipment, not just Canon’s overall bottom line."