TAICHUNG, Taiwan – Bicycle manufacturer Merida reports strong growth in its export from Taiwan to China. Merida’s factories in Taiwan are running at full capacity since October. The company is also expanding the capacity of its factory in China from the current 50,000 units per month to 60,000 in the coming months. In the past months the avarage unit price of Merida bikes on the Chinese market increase by 13%.
Despite the impact of debt crisis in Europe, bicycle maker Merida has seen its global revenue surge 23% in the first ten months of 2011. While the company’s revenue growth across Europe and America increased by 20 to 30%, its revenue from the Chinese market alone has shot up by a whopping 124%.