Epson to step up pace of innovation to meet Chinese demand

Japan's Seiko Epson Corporation is stepping up its pace of technological innovation to better meet the changing demands of the Chinese market, not only in traditional fields such as printer and projection equipment, but also by expanding its robotics and wearable devices activity.

"China is changing dramatically," said Minoru Usui, Epson's president and CEO.

"It has been growing for the past few years and is now very stable. We are focusing on two categories: production and sales in China."