Business Standard

This gym equipment maker might dominate world market thanks to trade war

Trade War Set to Help Gym Equipment Maker's Quest for World Dominance

Gym
Premium

Representative image

Cindy Wang | Bloomberg
Taiwan’s Johnson Health Tech Co. says it’s poised to be an unexpected winner from trade tensions that are hurting most global companies’ bottom lines.

The world’s third-largest gym equipment maker expects a new factory in Vietnam, which it planned before the ongoing U.S.-China trade war, to allow it to escape tariffs on made-in-China gym equipment. Its rivals are unlikely to be so lucky, allowing the company to reach its goal of being the world’s biggest maker by 2020, CEO Jason Lo said in a recent interview at the company’s headquarters in the central Taiwanese city of Taichung.

“We will have a greater

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in