According to market demand statistics, the recent increase in demand for OLED screen production equipment can be said to have reached a situation of short supply. Canon is a manufacturer of cameras and office equipment with optical as its core. It always aims to create world-class products and actively promotes its diversification and globalization.
According to foreign media reports, Canon raised its annual operating profit forecast on Tuesday, the third increase this year, due to increased demand for organic light-emitting diode (OLED) screen production equipment.
Canon
Canon expects full-year operating profit to increase by 52.9% to 350 billion yen ($3.08 billion) as of December, up from the estimated 330 billion yen three months ago.
Canon's third-quarter operating profit more than doubled from the same period last year to 80.46 billion yen ($709.90 billion), higher than analysts' average estimate of 69.43 billion yen.
Canon said that medical devices, OLED production equipment, and network surveillance cameras have driven growth, despite consumer demand declines and printer sales.
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