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Reengineering & Restructuring at Canon |
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During the same period, the company acquired Chichibu Eikosha Co., (optical components supplier) to establish Canon Electronics Inc. In 1958, Canon's chemical division was reorganized as a research division and the company started focusing on optical fibers and fixed lasers. In 1959, Canon Camera entered the micrographics market through a tie-up with a US-based company Documat Inc. In the same year, it entered the magnetic heads market and the Synchroreader8 - Canon's first audio visual product was launched. In 1961, it introduced Canonet - a 35mm camera with automatic exposure mechanism. Canonet was a highly successful product with one million units being sold in less than two years. In 1962, the company formulated its first five-year plan with an aim to enter the business machines market and expand its research activities. In the same year, the company established a product development section. In July 1963, it produced a prototype of the 10-key calculator,9 but the management was not keen on commercializing the product due to doubts about its success...
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7] The NHK Science & Technical Research Laboratories (STRL) was established in 1930. For over 70 years, STRL's research has spanned the entire broadcasting technology field, from fundamental research dealing with human audio-visual characteristics and physical properties/materials, devices for imaging, recording, and displays, to broadcasting systems and services. |
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