Source: Taiwantrade | Updated: 09 September 2011
Victor Taichung’s revenues in the first half had already exceeded 50% of its highest ever US$410 million annual sales target. The company’s managing director, Huang Ming-he, indicated that lathe and machining center are the two major items of Taiwan’s current machinery exports. He pointed out their export prices are at around US$55,000 and US$66,000, respectively. He went on to suggest that in three years time, through continued improvements to quality, cost management, and delivery time, prices of the two products could reach US$75,000 and US$85,000, respectively.