Source: Taiwantrade | Updated: 20 September 2012
The project is expected to be completed within three years, with a focus on further advancing Giant’s design, research and development capabilities.
Giant is currently the world’s biggest manufacturer of bicycles. The Giant Group recently reported consolidated revenue of US$1.04 billion for the first seven months of 2012, an on-year growth of 14.77%. Some investment firms estimated that Giant’s consolidated revenue for 2012 may top US$2 billion if the manufacturer manages to sustain a 15% growth for the year.