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

Gary Pageau ,

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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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Gary Pageau is principal of InfoCircle LLC, continuing his marketing communications career. InfoCircle LLC is a marketing and communications consulting firm, specializing in business-to-business markets. For nearly 25 years, he was with PMA International, serving most recently as Publisher, Content Development and Strategic Initiatives. His primary responsibilities included overseeing the Association’s editorial department, marketing research unit, education and corporate relations department.