Nikon has announced the opening of a new subsidiary in China called Nikon Imaging, which will initally employ 50 people to develop the imaging business in the country. The new enterprise, which opened June 20, endeavors to increase sales of digital cameras by directly importing and wholesaling imaging products such as digital cameras. The workforce is expected to rise to around 120 after a year and the company has a sales target of ¥10 billion for the first fiscal year and approximately ¥33 billion after three years.
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Nikon has announced the opening of a new subsidiary in China called Nikon Imaging, which will initally employ 50 people to develop the imaging business in the country. The new enterprise, which opened June 20, endeavors to increase sales of digital cameras by directly importing and wholesaling imaging products such as digital cameras. The workforce is expected to rise to around 120 after a year and the company has a sales target of ¥10 billion for the first fiscal year and approximately ¥33 billion after three years.