On November 26, 2025, Canon (Zhongshan) Office Equipment Co., Ltd. released an official notice. It stated that owing to the ongoing contraction of the laser - printer market and the swift ascent of domestic rival brands, the company's operational burdens have significantly mounted. Despite undertaking numerous adjustments, the company was unable to turn the tide. Consequently, it made the tough decision to halt production and officially close its doors.
The company has pledged to handle issues like employee relocation and salary settlements in strict compliance with the law. Moreover, it will offer compensation packages that go beyond the legally mandated standards. This closure signals the end of the 24 - year - long journey of this foreign - invested enterprise in China. It vividly reflects the fierce market competition and the formidable transformation challenges that foreign - invested enterprises are grappling with in the Chinese market.
