SHANGHAI -- Olympus will start assembling endoscopes and other medical devices for the Chinese market in China, the head of the company's operations there said, in response to government pressure on hospitals to buy domestically made equipment.
Market still has room for growth despite local competition, executive says

Olympus holds a share of over 70% in China's flexible endoscope market. (Photo by Tomoko Wakasugi)
SHANGHAI -- Olympus will start assembling endoscopes and other medical devices for the Chinese market in China, the head of the company's operations there said, in response to government pressure on hospitals to buy domestically made equipment.