Epson sees new tech as catalysts

Source: Xinhua | 2018-04-19

INDUSTRIAL robot, digital printing, new-technology projector and wearable glasses will become new growth catalysts for Epson in China, the Japan-based firm said yesterday.

The Japanese company showcased wearable glasses with augmented reality technology for industrial users, digital printers and robotic arms for use by watch and electronics manufacture at the Epson Innovation Day yesterday. Epson achieved rapid growth in new business, such as robotics which surged 85 percent year on year and high-end projector which jumped 56 percent, in China.

The surging middle-class, high requirement for green and sustained development and smart manufacturing have all created unique market opportunities for Epson, which debuted in the Chinese market 20 years ago, said Akihiro Fukaishi, president of Epson China.