Fuji Sets Up Joint Venture To Produce Digital Cameras In China

Fuji Photo Film Co., Tokyo, Japan, set up a joint venture in Suzhou, China, with a local corporate group of machinery makers and distributors to manufacture digital cameras and market them in China, JPEA Photo Electro News reported. The new firm, Fujifilm Digital Imaging Products (Suzhou) Co. Ltd., will begin producing digital cameras in June at the rate of 10,000 units per month initially. Key components such as CCD imagers will be imported from Japan for the production of mid-grade 1- to 2-megapixel cameras to be sold under the Fuji name. Fuji, which holds a 70 percent stake in the new firm, appointed Tsunehiko Sato to head it.