Fujifilm to compete with Xerox in U.S., Europe

The following appears on the-japan-news.com

Jiji Press – TOKYO (Jiji Press) — Fujifilm Holdings Corp., which is at swords’ points with Xerox Corp. over acquisition, has said that Fuji Xerox Co., a Fujifilm unit partly held by the U.S. firm, will advance into the U.S. and European markets.

The planned move, shown in a letter sent to Xerox Chief Executive Officer John Visentin under the name of Fujifilm Chairman Shigetaka Komori, is apparently intended to counter the U.S. copier and printer maker’s plan to enter into the Asia-Pacific market. Fujifilm released the content of the letter on Wednesday.

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