Nikon views China as both valued client and crucial partner

Nikon's Executive Vice President Masato Hamatani emphasized the importance of China to its company, saying that is not just a valued client, but an important partner at the ongoing China International Import Expo (CIIE) in Shanghai.

The Japanese optics and photographic equipment manufacturer showcased its latest achievements across nine sectors at the 7th CIIE, including precision instruments, industrial solutions, glass materials, healthcare, and imaging products.

Hamatani highly valued the opportunities brought up by the expo.

"This year marks our fourth participation in the expo. From our first involvement, I felt the strong reactions created by the CIIE. Many divisions, including semiconductor lithography, life sciences, and imaging, received numerous inquiries from Chinese customers. We highly value this platform and hope to enhance our connections with clients," said Hamatani.

At the expo this year, Nikon unveiled its latest product -- a digital lithography machine, which was launched at the end of October, to meet the rising demand for semiconductors amid the widespread of artificial intelligence technologies and the development of data centers.

As Nikon's main products, including cameras, microscopes, and semiconductor devices, gradually enter into the Chinese market, about 20 percent of its sale are generated from China, making the country one of Nikon's most important markets, according to Hamatani, adding that China is not just a client, but also a crucial manufacturing partner.

"We do not just import from China. We set up a factory in Jiangsu Province to produce microscopes and related accessories, which are exported to other parts of the world. By doing so, we want to deepen the relations with the Chinese market," said Hamatani.

The CIIE is the world's first national-level exposition dedicated to imports. The six-day expo has attracted participants from 152 countries, regions and international organizations to participate in its country exhibition and business exhibition.

Nikon views China as both valued client and crucial partner

President of the Republic of Korea (ROK) Lee Jae Myung has expressed his hope that his upcoming visit to China will help eliminate past misunderstandings and issues, underscoring the importance of ties between the two countries.

At the invitation of Chinese President Xi Jinping, Lee will pay a state visit to China from Jan 4 to 7. It will be Lee's first visit to China since he took office.

In an interview with China Media Group (CMG) in Seoul on Wednesday, Lee acknowledged the existing misunderstandings and issues between the two countries, noting that addressing these issues is a key goal of his visit.

"The current international landscape is turbulent, with escalating issues among various countries. In this context, the relationship between the Republic of Korea and China holds significant importance for us. the ROK and China are deeply interconnected in many areas, including history, economy, geopolitics, politics and security. Northeast Asia's peace, stability, mutual respect, and common prosperity are crucial for both countries," said Lee.

"Admittedly, there have been some misunderstandings and issues between the ROK and China, which have hindered the development of bilateral relations to some extent. Therefore, the purpose of my upcoming visit to China is to minimize or eliminate these past issues, foster a leap in our bilateral relations to a new level, and solidify the ROK and China as partners that mutually support each other's development," he said.

ROK President hopes to reduce misunderstandings with China during upcoming visit