Canon Expected to Lower Full-Year Forecast, Again

Turns out the bad news Canon reported in its first-quarter financial results in April, when the company downgraded its full-year forecast, is worse than officials thought at the time (see “Canon Reports Dismal Q1 2019, Cuts Full-Year Forecast”). The Nikkei Asian Review reported that a slowing European economy and a slumping chip market are contributing to a [...]