Tariff Quote Watch: Konica-Minolta Needs to Copy Printer Strategy — Panjiva
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Tariff Quote Watch: Konica-Minolta Needs to Copy Printer Strategy

China 3006 Info Tech - Tech Hardware 830 Malaysia 151 Quote Watch 452 Tariffs 1825 U.S. 5354

Printer and copier maker Konica-Minolta will increase the proportion of its production in Malaysia to 60% from 20% to years ago. That will offset a reduction in its manufacturing in China in response to U.S. tariffs. Konica’s move follows a similar strategy followed by its competitors Kyocera and Ricoh. The firm has already started implementing on the strategy as China accounted for 53.3% of Konica’s U.S. seaborne imports in the 12 months to May 30 from 76.0% in 2015. There’s a bigger issue in copiers – where China accounted for 94.0% of the total and imports fell 24.0% year over year i...

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