Canon China and Océ on Track to be Number One in China
Canon China, a leading technology print provider, and Océ, an international leader in digital document management and delivery, announced at Canon Expo Shanghai that they are on track to become the No. 1 player in the professional digital printing industry in China.
Canon and Océ have a joint market approach and are selectively selling, distributing and servicing each others' products in the production printing, wide format printing and display graphics printing segments.
Canon currently holds an approximately 90 percent stake in Océ. Going forward Canon and Océ will work closely together to leverage their complementary strengths in technology and distribution in the Chinese market place.
"Canon China continues to grow beyond expectations in 2011 and the presence of Canon Expo Shanghai demonstrates the importance to us of the Chinese market," said Hideki Ozawa, President, Canon Asia Marketing Group and CEO, Canon China. "Our strategy together with Océ is to become the No. 1 vendor in China and Asia in the professional digital printing arena." Canon China registered a nearly 40% growth in the year 2010 and, despite the impact of the earthquake and tsunami in Japan, is targeting significant sales growth this year.
"Océ leads the Chinese market in high-speed transaction and direct mail printing and we hold leading positions in wide format and display graphics printing," said Anton Schaaf, Chief Technology & Operating Officer, Océ N.V. "Going forward, Océ will maintain its customer focus in these segments. Océ's experience in these areas combined with Canon's sales and marketing power is expected to accelerate our growth in China and Asia."