Minolta to end camera production in Japan
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Minolta
is to shift its camera production from Japan and Malaysia to Shanghai
in two years. The move is designed to boost profits for the camera maker
who manufactured their first camera back in 1928. This follows the announcement
made in September of 2,500 job cuts over three years. No jobs are scheduled
go in Japan following the move but workers in Malaysia may not be so fortunate.
"We will reduce the number of workers at our domestic camera division
in Japan from 900 to 500, but all will be moved to other divisions,"
Maruyama said. "Although we have not reached any final decision,
we cannot help but ask some workers at our Malaysian plant to leave,"
the spokesman said.
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