Japan's Olympus eyes growth in China with new endoscope plant
Country's medical sector is expanding as population ages
An Olympus endoscope. The company is setting up a new parts plant in China. (Photo courtesy of Olympus)
TOKYO -- Olympus will build a new endoscope parts factory in Suzhou, China, as part of the company's plans to tap into the country's increasingly advanced medical care market.
The optics giant will invest about 280 million yuan (around $40.6 million) into the new plant, to be located at Suzhou Industrial Park. A signing ceremony was held at the site on Monday.
Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.
Celebrate our next chapterFind out more
Free access for everyone - Sep. 30