Kuala Lumpur, 26 June 2014 – Canon Medical Systems Corporation (headquarters: Otawara, Tochigi Prefecture, Japan; President: Satoshi Tsunakawa) has established a new manufacturing company as a wholly owned subsidiary in Penang, Malaysia. This subsidiary, which will begin operations in December, 2014, will be Malaysia’s first diagnostic imaging systems manufacturing base. It will be Canon’s third manufacturing base outside Japan, following the bases in Dalian, China, and Campinas, Brazil. This new manufacturing base will be involved in the production of diagnostic ultrasound systems and printed wiring boards.
Given Southeast Asia’s high economic growth rate of approximately 5% or more, demand for healthcare services is increasing and the market for diagnostic imaging systems is expected to undergo steady expansion. Among Southeast Asian countries, Malaysia is considered to be a good site for a global logistics hub serving Europe and the Middle East, and production in Malaysia will support the rapid delivery of high-quality products to customers in the global market. It will also allow us to optimize the total cost of the supply chain. In addition, with its mature semiconductor and automotive industries, Malaysia should be an excellent location for procurement of parts.
The Malaysian government is strongly promoting innovation in order to join the ranks of the developed countries by 2020. Healthcare has been designated one of the main economic development programs, and various policy initiatives are currently in progress. By playing an active role in this economic development plan, Canon will work hard to contribute to the development of the healthcare and the medical equipment industry in Malaysia.
|Address||Plot 111-A Hala Kampung Jawa 2, Bayan Lepas Industrial Estate, 11900 Penang, Malaysia|
|Activities||Manufacture of diagnostic ultrasound systems and printed wiring boards|
|Name||Canon Medical Systems Manufacturing Asia SDN. BHD. (TMMA)|
|No. of employees||200 employees by 2020 (projected)|
|Area of the site, total floor area||5900 m2, 8583 m2|
About Canon Medical Systems Corporation
Canon Medical Systems Corporation is a leading worldwide provider of medical diagnostic imaging systems and comprehensive medical solutions, such as CT, X-ray and vascular, ultrasound, nuclear medicine, and MRI systems, as well as information systems for medical institutions. Canon Medical Systems Corporation has been providing medical products for over 80 years. In October 2003, Canon Medical Systems Corporation, which prior to that time had been operating as the Medical Systems Division of Canon Corporation (“Canon”), was established as a stand-alone member of the Canon group. Canon Medical Systems Corporation is a wholly-owned subsidiary of Canon.
Canon Corporation, a Fortune Global 500 company, channels world-class capabilities in advanced electronic and electrical product and systems into five strategic business domains: Energy & Infrastructure, Community Solutions, Healthcare Systems & Services, Electronic Devices & Components, and Lifestyles Products & Services. Guided by the principles of The Basic Commitment of the Canon Group, “Committed to People, Committed to the Future”, Canon promotes global operations towards securing “Growth Through Creativity and Innovation”, and is contributing to the achievement of a world in which people everywhere live safe, secure and fulfilled lives.
Founded in Tokyo in 1875, today’s Canon is at the heart of a global network of over 590 consolidated companies employing over 200,000 people worldwide, with annual sales surpassing 6.5 trillion yen (US$63 billion).
To find out more about Canon, visit www.toshiba.co.jp/index.htm