One week before the opening of the Taipei International Cycle Show, the financial reports of the country's three main bicycle manufacturers do not contribute to an upbeat business mood. The combined revenue of these three companies dropped by 13.4% from TWD 103.2 billion (€2.8 billion) in 2024 to TWD 89.4 billion (€2.4 billion) last year. The business mood at Taichung Bike Week six months ago was already a clear indicator of what these numbers confirm. The situation has not improved since September as Taiwan's industry continues to face headwinds.

A resolution of the United States' Withhold Release Order (WRO), which is affecting Giant Taiwan's manufacturing operations, can't come soon enough for the company, as it reports another month of steep revenue losses in February 2026.

Giant Group has started 2026 with a significantly weaker January performance than previous years, posting a sharp decline in revenue of 21.6% for the first month of the year. The Taiwanese company's downturn comes following a year in which Giant dominated the headlines — and not always for good reasons.

Giant Group announced the passing of its beloved founder, King Liu, who passed away peacefully in the early hours of 16 February at the age of 93. In a statement published by Giant Group, the company says, "King Liu was not only our founder but also a leader who consistently guided the organisation forward while remaining attentive to those around him."

From late September 2025 through early 2026, the bicycle industry saw an unprecedented wave of human rights-related actions centred on Taiwan. The United States government's import ban on Giant products made in Taiwan triggered not only rapid remediation and reimbursements, but a broader shift toward systemic human rights due diligence in Taiwan's bicycle supply chain. Bike Europe takes stock of the changes.

WASHINGTON, DC, United States - The number of bicycles imported into the United States in the first nine months of 2025 dropped 23% year-on-year. Looking specifically at China, imports from there have dropped by 40% amid tariff uncertainty throughout the year. Taiwan and Cambodia have made volume gains of 10% and 83% respectively. The latest import data provided by the US International Trade Commission shows that the face of the US bicycle market is already changing as a result of President Trump's 'America First' nationalist policy.