Epson charts new growth plan

Electronics firm banks on robotics for tapping unidentified growth potential in smaller cities

Japanese electronics maker Seiko Epson Corp, commonly known as Epson, is stepping up its business-to-business efforts and enhancing its localization strategy in China to boost innovation.

"Although the business environment in China has become more competitive, our revenue continued to grow steadily. The profit growth mostly comes from commercial products, including business printers, projectors, robotics and large format printers," said Akihiro Fukaishi, president of Epson China.