Fujifilm sets up Myanmar subsidiary

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fujifilm_showroomFujifilm Holdings Corporation recently announced the opening of a new subsidiary in Myanmar, named Fujifilm Myanmar Limited. The subsidiary will commence operations on December 2, 2013, the company said.

Fujifilm established the subsidiary with a paid-in capital of $196,000. The step has been taken to tap the growth potential the region has to offer to companies like Fujifilm. The country is roughly double the land area of Japan, with a population of approximately 60 million. With the growth in labour force, the nation offers a wide scope for economic expansion.

Fujifilm’s presence in the region will help the company to increase sales of imaging products, including photographic papers, on which it been focusing since the 1970s. The subsidiary aims to aid the company to gain a foothold in the region with respect to its medical products, including diagnostic imaging systems and X-ray films in addition to graphic arts products like offset printing plate.

The company has been expanding in ASEAN for quite some time now, with Fujifilm Myanmar being its seventh subsidiary in the region. Other subsidiaries are based in Vietnam, the Philippines, Indonesia, Singapore, Malaysia and Thailand.

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Reading Time: 1 minute

Fujifilm Holdings Corporation recently announced the opening of a new subsidiary in Myanmar, named Fujifilm Myanmar Limited. The subsidiary will commence operations on December 2, 2013, the company said.

Reading Time: 1 minute

fujifilm_showroomFujifilm Holdings Corporation recently announced the opening of a new subsidiary in Myanmar, named Fujifilm Myanmar Limited. The subsidiary will commence operations on December 2, 2013, the company said.

Fujifilm established the subsidiary with a paid-in capital of $196,000. The step has been taken to tap the growth potential the region has to offer to companies like Fujifilm. The country is roughly double the land area of Japan, with a population of approximately 60 million. With the growth in labour force, the nation offers a wide scope for economic expansion.

Fujifilm’s presence in the region will help the company to increase sales of imaging products, including photographic papers, on which it been focusing since the 1970s. The subsidiary aims to aid the company to gain a foothold in the region with respect to its medical products, including diagnostic imaging systems and X-ray films in addition to graphic arts products like offset printing plate.

The company has been expanding in ASEAN for quite some time now, with Fujifilm Myanmar being its seventh subsidiary in the region. Other subsidiaries are based in Vietnam, the Philippines, Indonesia, Singapore, Malaysia and Thailand.

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