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NHK World: Olympus to close China plant due to lower camera demand News 

NHK World: Olympus to close China plant due to lower camera demand

NHK World is reporting Olympus Optical Co. is shutting down its 20-year-old camera plant in Shenzhen and will terminate the contracts of 1,700 factory workers. The plant is being closed to waning camera demand in the wake of the popularity of smartphones.

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