FOOTHILL RANCH, CA (BRAIN)—Taiwan-based Neco Parts has set up a small U.S. branch with hopes of eventually establishing itself as a major player in the mid to high-end component market.
Velo general manager Stella Yu knows how to draw a crowd. The night before the Taipei Cycle Show opened, Yu threw a birthday bash to celebrate Velo’s 30 years in business. The raucous party, cosponsored by Wellgo and Prologo, included more than 250 customers to whom the brands supply.
Looking for the hot trends for next model year? BRAIN tech editor Matt Wiebe scoured the halls of the Taipei Cycle Show to find the most interesting and innovative new products being shown here.
TAIPEI, Taiwan (BRAIN)—A-Team chairman Michael Tseng asked the organization’s members at a general meeting yesterday to increase production on the island so that Taiwan’s major bicycle manufacturers need import fewer components from offshore.
BRAIN tech editor Matt Wiebe roamed the halls of the Taipei Cycle Show to find the latest and greatest product coming down the pipe. From mainstream to downright quirky, here's a sampling of products being shown here.
When Bonnie Tu selected the location for the Liv / Giant store in Taipei, people thought she was crazy. The location was in the main business area where banks and major corporations were located, far from the central shopping district. But Tu said the location needed to be next to the target customer.
DAVOS, Switzerland (BRAIN)—Specialized plans to open its first concept store in Switzerland this spring.
Ivans Velo Sport Shop is scheduled to open April 4 in Davos in the heart of the Swiss Alps.
TAICHUNG, Taiwan (BRAIN)—Stella Yu, founder of Velo Enterprise Co., LTD, one of the world’s leading manufacturers of saddles, has called a report about European anti-dumping duties imposed on Chinese-made saddles “misleading” and “deceptive.”
CHANGHUA, Taiwan (BRAIN)—China’s decision to give some tax relief to exporters will have little to no effect on bicycle prices, according to Bob Margevicius, Specialized’s vice president and a sourcing expert.
“When you parse it down to what the net effect is, it’s tiny,” Margevicius said Friday.
CHANGHUA, Taiwan (BRAIN)—As its own economy slows, mainland China is increasing tax incentives for a slew of exported products, including bicycles.
The government announced that it would increase the export tax rebate on Chinese-made bicycles to as much as 14 percent from 9 percent.
TAICHUNG, Taiwan (BRAIN)—The December mini-shows in Taichung are expected to attract more product managers than ever before, organizers say.
TAICHUNG, Taiwan (BRAIN)—Giant Manufacturing Co. is reportedly at its bicycle production capacity until next June, according to a report by Bloomberg.
The report was attributed to a story in the Taipei, Taiwan-based United Daily News, which didn't cite its sources.
FRIEDRICHSHAFEN, Germany (BRAIN)—Even though talks over a comprehensive global trade agreement have faltered, Taiwan is encouraging countries to eliminate tariffs on bicycle imports.
LORIA, Italy (BRAIN)—Bankrupt Italian stem and handlebar maker ITM is negotiating with several potential buyers for its brand name and equipment, and managers expect to announce an agreement within the next two weeks.
BRUSSELS, Belgium (BRAIN) — Tenneco Inc. has entered into a preliminary agreement to purchase the suspension business of Gruppo Marzocchi, an Italian-based worldwide leader in supplying suspension technology in the two-wheeler market.
BY JOHN CRENSHAW
AND DOUG MCCLELLAN
PACOIMA, CA (BRAIN)—Kemco Group International has partnered with Kunshan Giant Light Metal Technology to produce Vuelta-branded wheels.
OCCUPATION: General Manager
How much chain have KMC’s factories churned out the company’s three-decade history? Enough to loop around the earth and the moon three times.
NAME: Victor Lin
COMPANY: VP Components
POSITION: Managing Director
Most components companies in Taiwan are relatively small affairs. VP Components’ Victor Lin, who founded the company in 1981, now oversees 1,450 employees, some 350 of whom are in Taiwan.