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Trade Agreement Boosts Machinery Export

Source: Taiwantrade | Updated: 23 February 2012

The direct upgrade in competitiveness brought forth by the agreement for Taiwanese machine tools is definitely helpful, said the company’s GM, Huang Ming-ho. Victor Taichung recently made a conservative estimation of its revenues for 2012 to be somewhere around US$200 million. Huang went on to indicate that Taiwan’s domestic market is doing well with continuous strong demands. He said the products manufactured in Taiwan are high end precision parts including components used by the shipping, aerospace, and automobile industries. The advanced technology and experience required to produce these products placed Taiwan in an irreplaceable position in the market, said Huang.

Click on machine tool for related products on Taiwantrade.

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