Taiwan Bike Industry: Sold Out for 2005?

TAIPEI, Taiwan (June 2) – Taiwan’s bicycle and parts production grew by 23.6 % in the first quarter of 2005, with bicycle output up 24.2% to TWD 8.97 billion (US$ 286 million) and parts production gaining 22.6% to TWD 5.79 billion (US$ 184 million). According to Taiwan’s Ministry of Trade, increased exports of bikes and