Konica Minolta has announced its intention to liquidate a manufacturing subsidiary in China, which has been calculated to result in a financial loss of approximately ¥6bn (£31.7m).
Konica Minolta Business Technologies, also known as Konica Minolta WUXI, primarily produces imaging products and office machines.
The company first decided to end production at the WUXI plant in Jiangsu province, China, on August 20th, 2024. The plant then ceased operations in February 2025.
As of April 10th, the decision has been formally made to proceed with the plant’s liquidation as part of a strategy to optimise its production efficiency and refine the company’s global supply chain. The completion of the liquidation is planned for the…
